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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 847 Wright Way Dr, Wedowee, AL, 36278 earns $64/mo cash flow from $4,297/mo rent with a $3,671/mo payment. Total monthly income totals $4,297/mo, and annual cash flow totals $762/yr on $246,750 capital. ROI tracks 20.37% on current figures, and rental yield reads 6.88% at a $750,000 purchase. Equity gained on principal adds $4,840/yr, and 5% annual appreciation supports $207,211 over five years. Five-year ROI reaches 104.56% and total cumulative return in cash sums $257,994. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,297/mo property income instead of your personal income.
Single Family
Built in 2001
1.40 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Linda Stone • Hunter Bend Realty
Mls Name: GALMLS
Mls ID: #21428483
