21 Midland Dr #ZAC050WetumpkaAL36093
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
Investment Highlights
Rental property for sale in Wetumpka at 21 Midland Dr #ZAC050, Wetumpka, AL, 36093 generates $3,570/mo in rent and, after a $1,833/mo payment, leaves $1,456/mo in cash flow. Total monthly income is $3,570/mo, and annual cash flow is $17,473/yr on $124,180 invested. Return on cash invested sits at 33.98% in year one, and rental yield is 11.44% on a $374,600 entry. Equity gained on principal adds $2,417/yr, while 5% annual appreciation builds toward $103,495 over five years. Five-year ROI reaches 177.61% and total cumulative return in cash sums $220,557. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,570/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36093, Wetumpka, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,017 (100%) |
| Owner Occupied HU | 4,386 (87.4%) |
| Renter Occupied HU | 436 ( 8.7%) |
| Vacant Housing Units | 195 ( 3.9%) |
| Median Home Value | $332,271 |
| Average Home Value | $349,964 |
Housing Distribution
Address Breakdown
Residential
5,007
Single Family
4,951
Multi-Family
56
Businesses
163
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices