10501 County Road 53WadleyAL36276
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Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Wadley at 10501 County Road 53, Wadley, AL, 36276 offers a 9.25% rental yield on a $125,000 purchase with $964/mo rent. Total monthly income registers $964/mo, and a $612/mo payment leaves $258/mo available for distribution. Annual cash flow reaches $3,099/yr on $41,438 to close, and return on cash invested stands at 27.39% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 142.35% and total cumulative return in cash at $58,985. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $964/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36276, Wadley, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,214 (100%) |
| Owner Occupied HU | 732 (60.3%) |
| Renter Occupied HU | 202 (16.6%) |
| Vacant Housing Units | 280 (23.1%) |
| Median Home Value | $215,414 |
| Average Home Value | $229,556 |
Housing Distribution
Address Breakdown
Residential
979
Single Family
979
Multi-Family
0
Businesses
66
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Listed by: Heather Edwards • Century 21 Novus Realty
Mls Name: GALMLS
Mls Provider:
Mls ID: #21423091
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.