2238 Red Tail LnWaverlyAL36879
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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 Waverly at 2238 Red Tail Ln, Waverly, AL, 36879 with 5% annual appreciation on a $449,074 basis while $2,340/mo rent supports operations. 34% in year one. Equity gained on principal adds $2,898/yr, and five-year appreciation sums $124,071 alongside rental yield of 6.25%. Five-year ROI measures 93.73% and total cumulative return in cash totals $139,527. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,340/mo property income versus a $2,198/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36879, Waverly, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,487 (100%) |
| Owner Occupied HU | 1,154 (77.6%) |
| Renter Occupied HU | 181 (12.2%) |
| Vacant Housing Units | 152 (10.2%) |
| Median Home Value | $334,633 |
| Average Home Value | $380,295 |
Housing Distribution
Address Breakdown
Residential
1,299
Single Family
1,299
Multi-Family
0
Businesses
33
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Listed by: MICHY AJA • BERKSHIRE HATHAWAY HOMESERVICES
Mls Name: LCMLS
Mls ID: #176355
Disclaimer: The data relating to real estate for sale on this web-site comes in part from the Internet Data Exchange Program of Lee County Association of REALTORS. Information is deemed reliable but is not guaranteed.