607 N Bridge StWetumpkaAL36092
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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 607 N Bridge St, Wetumpka, AL, 36092 offers $1,746/mo rent that, after a $1,346/mo payment, leaves $194/mo cash flow. Total monthly income is $1,746/mo, and annual cash flow is $2,325/yr on $91,163 cash. Return on cash invested measures 22.46% in year one, and rental yield stands at 7.62% at a $275,000 entry. Equity gained on principal adds $1,775/yr while 5% annual appreciation compounds into $75,977 by year five. Five-year ROI records 115.81% and total cumulative return in cash reaches $105,575. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,746/mo property income versus a $1,346/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1934
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36092, Wetumpka, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,507 (100%) |
| Owner Occupied HU | 6,524 (68.6%) |
| Renter Occupied HU | 2,226 (23.4%) |
| Vacant Housing Units | 757 ( 8.0%) |
| Median Home Value | $196,314 |
| Average Home Value | $228,203 |
Housing Distribution
Address Breakdown
Residential
8,877
Single Family
8,857
Multi-Family
20
Businesses
810
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