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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 24 Fawn Way, Wedowee, AL, 36278 uses $58,013 cash to close to unlock $20,341/yr annual cash flow and $1,695/mo monthly cash flow. Total monthly income runs $2,700/mo, and a $857/mo payment keeps the spread at $1,695/mo. Purchase price stands at $175,000, and rental yield measures 18.51% with $2,700/mo rent. Return on cash invested shows 54.97% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 290.37% and total cumulative return in cash records $168,451. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,700/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1995
1 Acres lot
$N/A/sqft
$200 annually 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 |
|---|---|---|
| 2025-09-17 | Sold | $175,000 |
| 2025-08-15 | Contingent | $189,000 |
| 2025-07-23 | Price change | $189,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
None
Listed by: Eugene Crouch • Keller Williams Realty Group W
Mls Name: GALMLS
Mls Provider:
Mls ID: #21414361
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.
