813 Lake Region CirWetumpkaAL36092
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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 813 Lake Region Cir, Wetumpka, AL, 36092 priced at $630,000 converts $1,200/mo rent into after a $3,084/mo obligation. Total monthly income equals $1,200/mo. Return on cash invested prints 6.42% in year one, and rental yield reads 2.29% against a $630,000 entry. Equity gained on principal adds $4,065/yr, while 5% annual appreciation compiles into $174,057 by year five. Five-year ROI reaches 29.74% and total cumulative return in cash sums $61,642. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,200/mo property income covering a $3,084/mo payment, not borrower’s personal income.
Single Family
Built in 1940
0.88 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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