393 River Ridge RdWetumpkaAL36093
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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 393 River Ridge Rd, Wetumpka, AL, 36093 offers $3,527/mo rent that, after a $1,955/mo payment, leaves $1,272/mo cash flow. Total monthly income is $3,527/mo, and annual cash flow is $15,268/yr on $132,434 cash. Return on cash invested measures 31.44% in year one, and rental yield stands at 10.59% at a $399,500 entry. Equity gained on principal adds $2,578/yr while 5% annual appreciation compounds into $110,374 by year five. Five-year ROI records 163.95% and total cumulative return in cash reaches $217,131. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,527/mo property income versus a $1,955/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
0.75 Acres lot
$N/A/sqft
No 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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