120 Dogwood Dr NWedoweeAL36278
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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 Wedowee at 120 Dogwood Dr N, Wedowee, AL, 36278 priced at $750,000 converts $2,700/mo rent into after a $3,671/mo obligation. Total monthly income equals $2,700/mo. Return on cash invested prints 12.38% in year one, and rental yield reads 4.32% against a $750,000 entry. Equity gained on principal adds $4,840/yr, while 5% annual appreciation compiles into $207,211 by year five. Five-year ROI reaches 61.79% and total cumulative return in cash sums $152,478. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,700/mo property income covering a $3,671/mo payment, not borrower’s personal income.
Single Family
Built in 2021
1.70 Acres lot
$N/A/sqft
$550 annually 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
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Listed by: Eugene Crouch • Keller Williams Realty Group W
Mls Name: GALMLS
Mls Provider:
Mls ID: #21434039
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.