230 Magnolia Place DrWetumpkaAL36093
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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 Wetumpka at 230 Magnolia Place Dr, Wetumpka, AL, 36093 earns $1,598/mo cash flow from $4,648/mo rent with a $2,621/mo payment. Total monthly income totals $4,648/mo, and annual cash flow totals $19,181/yr on $176,147 capital. ROI tracks 30.95% on current figures, and rental yield reads 10.42% at a $535,400 purchase. Equity gained on principal adds $3,455/yr, and 5% annual appreciation supports $147,921 over five years. Five-year ROI reaches 161.37% and total cumulative return in cash sums $284,254. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,648/mo property income instead of your personal income.
Single Family
Built in 1995
1.10 Acres lot
$N/A/sqft
$27 monthly 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
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