356 Fireside DrWedoweeAL36278
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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 Wedowee at 356 Fireside Dr, Wedowee, AL, 36278 priced at $259,000 pairs $1,787/mo rent with $135/mo cash flow after a $1,268/mo payment. Total monthly income equals $1,787/mo, and annual cash flow comes to $1,617/yr on $85,859 invested. Return on cash invested is 21.79% in year one, and rental yield stands at 8.28% on a $259,000 basis. Equity gained on principal adds $1,671/yr, and 5% annual appreciation accumulates to $71,557 by year five. Five-year ROI measures 113.2% and total cumulative return in cash reaches $97,192. For financing, Ziffy Mortgage’s DSCR program evaluates $1,787/mo property income against a $1,268/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2007
10,454 sqft lot
$N/A/sqft
$190 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36278, Wedowee, AL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
2,693
Single Family
2,693
Multi-Family
0
Businesses
238
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Listed by: Eugene Crouch • Keller Williams Realty Group W
Mls Name: GALMLS
Mls Provider:
Mls ID: #21423646
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.