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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 395 Creek Run Rd, Wedowee, AL, 36278 at $1,499,000 posts ROI 6.14% with from $2,700/mo rent. Total monthly income equals $2,700/mo. Return on cash invested measures 6.14% and rental yield reads 2.16% at the current $1,499,000. Equity gained on principal adds $9,673/yr, and 5% annual appreciation supports $414,146 by year five. Five-year ROI prints 28.15% and total cumulative return in cash totals $136,713. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,700/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2003
1.71 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-01-09 | Listed for sale | $1,499,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-01-29 | $1406.72 | 11.40% | $43,960 | 11.40% |
| 2021-01-29 | $1262.72 | -0.95% | $39,460 | -0.95% |
| 2020-01-29 | $1274.88 | N/A | $39,840 | -0.55% |
What's Special
None
Listed by: Terry Norton • Lake Homes Realty LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21406362
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.
