2885 Grier RdWetumpkaAL36092
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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
Rental property for sale in Wetumpka at 2885 Grier Rd, Wetumpka, AL, 36092 generates $1,240/mo in rent and, after a $808/mo payment, leaves $308/mo in cash flow. Total monthly income is $1,240/mo, and annual cash flow is $3,699/yr on $54,697 invested. Return on cash invested sits at 26.67% in year one, and rental yield is 9.02% on a $164,999 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 138.46% and total cumulative return in cash sums $75,731. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,240/mo property income rather than buyer’s personal income.
Manufactured
Built in 1990
2.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36092, Wetumpka, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,507 (100%) |
| Owner Occupied HU | 6,524 (68.6%) |
| Renter Occupied HU | 2,226 (23.4%) |
| Vacant Housing Units | 757 ( 8.0%) |
| Median Home Value | $196,314 |
| Average Home Value | $228,203 |
Housing Distribution
Address Breakdown
Residential
8,877
Single Family
8,857
Multi-Family
20
Businesses
810
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