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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 475 Creek Run Rd, Wedowee, AL, 36278 at $599,000 posts ROI 15.91% with from $2,700/mo rent. Total monthly income equals $2,700/mo. Return on cash invested measures 15.91% and rental yield reads 5.41% at the current $599,000. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 by year five. Five-year ROI prints 80.66% and total cumulative return in cash totals $158,950. 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 1988
1.02 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 |
|---|---|---|
| 2024-12-13 | Listed for sale | $599,000 |
| 1999-07-21 | Sold | $146,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-01-29 | $871.04 | 30.24% | $29,720 | 27.01% |
| 2021-01-29 | $668.80 | -2.52% | $23,400 | -2.26% |
| 2020-01-29 | $686.08 | N/A | $23,940 | 1.01% |
What's Special
None
Listed by: Eugene Crouch • Keller Williams Realty Group W
Mls Name: GALMLS
Mls Provider:
Mls ID: #21404838
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.
