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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Wedowee at 19017 Highway 48, Wedowee, AL, 36278 offers a 7.18% rental yield on a $395,000 purchase with $2,364/mo rent. Total monthly income registers $2,364/mo, and a $1,933/mo payment leaves $135/mo available for distribution. Annual cash flow reaches $1,617/yr on $130,943 to close, and return on cash invested stands at 21.14% in year one. Equity gained on principal adds $2,549/yr while 5% annual appreciation supports $109,131 over five years. Portfolio math shows five-year ROI at 108.75% and total cumulative return in cash at $142,398. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,364/mo property income against a $1,933/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
3 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 36278, Wedowee, AL area.
| 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 |
Residential
2,693
Single Family
2,693
Multi-Family
0
Businesses
238
Date | Event | Price |
|---|---|---|
| 2025-02-14 | Sold | $395,000 |
| 2025-01-13 | Pending sale | $449,000 |
| 2024-11-12 | Price change | $449,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-01 | N/A | N/A | $29,620 | 7.16% |
| 2022-11-01 | N/A | N/A | $27,640 | 3.37% |
| 2021-11-01 | N/A | N/A | $26,740 | -1.76% |
Listed by: Melissa Shadrix • Georgia West Realty, Inc.
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7475360
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