119 Serene LnWetumpkaAL36093
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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
Rental property for sale in Wetumpka at 119 Serene Ln, Wetumpka, AL, 36093 priced at $274,900 pairs $2,202/mo rent with $651/mo cash flow after a $1,346/mo payment. Total monthly income equals $2,202/mo, and annual cash flow comes to $7,810/yr on $91,129 invested. Return on cash invested is 28.48% in year one, and rental yield stands at 9.61% on a $274,900 basis. Equity gained on principal adds $1,774/yr, and 5% annual appreciation accumulates to $75,950 by year five. Five-year ROI measures 148.08% and total cumulative return in cash reaches $134,943. For financing, Ziffy Mortgage’s DSCR program evaluates $2,202/mo property income against a $1,346/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2014
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36093, Wetumpka, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,017 (100%) |
| Owner Occupied HU | 4,386 (87.4%) |
| Renter Occupied HU | 436 ( 8.7%) |
| Vacant Housing Units | 195 ( 3.9%) |
| Median Home Value | $332,271 |
| Average Home Value | $349,964 |
Housing Distribution
Address Breakdown
Residential
5,007
Single Family
4,951
Multi-Family
56
Businesses
163
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