180 Cedar Cove DrWedoweeAL36278
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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
Investment property for sale in Wedowee at 180 Cedar Cove Dr, Wedowee, AL, 36278 at $719,000 posts ROI 13.09% with from $2,700/mo rent. Total monthly income equals $2,700/mo. Return on cash invested measures 13.09% and rental yield reads 4.51% at the current $719,000. Equity gained on principal adds $4,640/yr, and 5% annual appreciation supports $198,646 by year five. Five-year ROI prints 65.54% and total cumulative return in cash totals $155,045. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,700/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1990
1.66 Acres lot
$N/A/sqft
$192 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: Terry Norton • Lake Homes Realty LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21418369
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.