1672 County Road 499WedoweeAL36278
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1672 County Road 499, Wedowee, AL, 36278 in Wedowee speaks for itself: 12.47% gross on a $259,900 price, generating $2,700/mo in rent and $1,233/mo in net income after the $1,169/mo debt service. DSCR 2.31, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $14,796 stacks alongside $71,806 in projected five-year appreciation and $2,394/yr in principal reduction. Projected total cumulative return: $177,312.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.5% | 6.0% |
| Monthly Cash Flow | $1,233 | $200 |
City averages based on Wedowee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,700 |
| Total Monthly Debt Service | $1,364 |
| DSCR Ratio | 1.98x |
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 2016
0.33 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 2016
0.33 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