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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 429 Brookwater Way, Wedowee, AL, 36278 listed at $319,000 pairs $2,700/mo rent with a $1,561/mo payment to leave $885/mo cash flow. Total monthly income runs $2,700/mo, and annual cash flow reaches $10,617/yr on $105,749 cash to close. Return on cash invested measures 29.95% in year one, and rental yield registers 10.16% at a $319,000 basis. Equity gained on principal adds $2,058/yr, and annual property appreciation at 5% supports $88,134 by year five. Five-year ROI tracks 156.03% and total cumulative return in cash totals $165,001. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,700/mo property income relative to a $1,561/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
1 Acres lot
$N/A/sqft
$180 annually 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 |
|---|---|---|
| 2025-01-20 | Sold | $319,000 |
| 2024-12-30 | Pending sale | $329,000 |
| 2024-08-15 | Listed for sale | $329,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
Other,Yes
Listed by: Eugene Crouch • Keller Williams Realty Group W
Mls Name: GALMLS
Mls Provider:
Mls ID: #21394661
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.
