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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 427 Misty Ln, Wedowee, AL, 36278 with 5% annual appreciation on a $769,999 basis while $2,700/mo rent supports operations. 26% in year one. Equity gained on principal adds $4,969/yr, and five-year appreciation sums $212,737 alongside rental yield of 4.21%. Five-year ROI measures 61.08% and total cumulative return in cash totals $154,737. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,700/mo property income versus a $3,769/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1999
0.46 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 |
|---|---|---|
| 2025-08-20 | Listed for sale | $769,999 |
| 2020-10-19 | Sold | $400,000 |
| 2020-09-03 | Pending sale | $369,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-08-22 | $1061.12 | -7.01% | $35,660 | N/A |
| 2021-08-22 | $1141.12 | -6.11% | $35,660 | -6.11% |
| 2020-08-22 | $1215.36 | N/A | $37,980 | 2.37% |
What's Special
Pull Down Stairs,Yes
Listed by: Kristin Barnes • ERA King Real Estate
Mls Name: GALMLS
Mls Provider:
Mls ID: #21428696
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.
