23647 Highway 77WadleyAL36276
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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 Wadley at 23647 Highway 77, Wadley, AL, 36276 earns $91/mo cash flow from $1,835/mo rent with a $1,512/mo payment. Total monthly income totals $1,835/mo, and annual cash flow totals $1,095/yr on $102,434 capital. ROI tracks 20.98% on current figures, and rental yield reads 7.13% at a $309,000 purchase. Equity gained on principal adds $1,994/yr, and 5% annual appreciation supports $85,371 over five years. Five-year ROI reaches 107.89% and total cumulative return in cash sums $110,513. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,835/mo property income instead of your personal income.
Single Family
Built in 2004
27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36276, Wadley, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,214 (100%) |
| Owner Occupied HU | 732 (60.3%) |
| Renter Occupied HU | 202 (16.6%) |
| Vacant Housing Units | 280 (23.1%) |
| Median Home Value | $215,414 |
| Average Home Value | $229,556 |
Housing Distribution
Address Breakdown
Residential
979
Single Family
979
Multi-Family
0
Businesses
66
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Listed by: Jim Hall • Southeastern Realty & Auction
Mls Name: GALMLS
Mls Provider:
Mls ID: #21402618
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.