120 Christine LnWedoweeAL36278
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow120 Christine Ln, Wedowee, AL, 36278 in Wedowee earns its strong cash-flow label: 10.25% yield, $2,006/mo rent, $680/mo net income, DSCR 1.90. The $235,000 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $64,926 by year five. Combined with $2,164/yr in principal paydown, total projected return reaches $132,272.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 6.0% |
| Monthly Cash Flow | $680 | $200 |
City averages based on Wedowee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,006 |
| Total Monthly Debt Service | $1,233 |
| DSCR Ratio | 1.63x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2022
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36278, Wedowee, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,468 (100%) |
| Owner Occupied HU | 1,567 (45.2%) |
| Renter Occupied HU | 366 (10.6%) |
| Vacant Housing Units | 1,535 (44.3%) |
| Median Home Value | $322,637 |
| Average Home Value | $380,940 |
Housing Distribution
Address Breakdown
Residential
2,693
Single Family
2,693
Multi-Family
0
Businesses
238
Nearby investment properties with comparable rents
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
Single Family
Built in 2022
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36278, Wedowee, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,468 (100%) |
| Owner Occupied HU | 1,567 (45.2%) |
| Renter Occupied HU | 366 (10.6%) |
| Vacant Housing Units | 1,535 (44.3%) |
| Median Home Value | $322,637 |
| Average Home Value | $380,940 |
Housing Distribution
Address Breakdown
Residential
2,693
Single Family
2,693
Multi-Family
0
Businesses
238
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Darren Finch • Finch Realty Company LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21379505
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.