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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% |
Rental property for sale in Wedowee at 83 Hicks Bend Ct, Wedowee, AL, 36278 priced at $615,000 pairs $2,700/mo rent with after a $3,010/mo payment. Total monthly income equals $2,700/mo. Return on cash invested is 15.49% in year one, and rental yield stands at 5.27% on a $615,000 basis. Equity gained on principal adds $3,969/yr, and 5% annual appreciation accumulates to $169,913 by year five. Five-year ROI measures 78.37% and total cumulative return in cash reaches $158,573. For financing, Ziffy Mortgage’s DSCR program evaluates $2,700/mo property income against a $3,010/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
0.50 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 |
|---|---|---|
| 2025-01-23 | Listed for sale | $615,000 |
| 2023-08-15 | Sold | $515,000 |
| 2023-07-21 | Contingent | $535,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-01-29 | $1061.12 | N/A | $33,160 | N/A |
| 2021-01-29 | $1061.12 | -7.22% | $33,160 | -7.22% |
| 2020-01-29 | $1143.68 | N/A | $35,740 | 12.18% |
What's Special
Other,Yes
Listed by: Bill Coats • Keller Williams Realty Group W
Mls Name: GALMLS
Mls Provider:
Mls ID: #21407421
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.
