692 Haynes RdWetumpkaAL36092
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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
Investment property for sale in Wetumpka at 692 Haynes Rd, Wetumpka, AL, 36092 uses $62,985 cash to close to unlock $14,070/yr annual cash flow and $1,173/mo monthly cash flow. Total monthly income runs $2,245/mo, and a $930/mo payment keeps the spread at $1,173/mo. Purchase price stands at $190,000, and rental yield measures 14.18% with $2,245/mo rent. Return on cash invested shows 42.25% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 221.96% and total cumulative return in cash records $139,800. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,245/mo property income covering a $930/mo payment rather than investor’s personal income.
Single Family
Built in 1986
7 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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