Morningside Plan, CoventryWetumpkaAL36093
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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 Morningside Plan, Coventry, Wetumpka, AL, 36093 with 5% annual appreciation on a $442,099 basis while $3,412/mo rent supports operations. Total monthly income totals $3,412/mo and a $2,164/mo payment preserves $916/mo for cash returns. Annual cash flow comes to $10,997/yr on $146,556 deployed, and return on cash invested reaches 27.41% in year one. Equity gained on principal adds $2,853/yr, and five-year appreciation sums $122,144 alongside rental yield of 9.26%. Five-year ROI measures 142.37% and total cumulative return in cash totals $208,653.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,412/mo property income versus a $2,164/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36093, Wetumpka, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,017 (100%) |
| Owner Occupied HU | 4,386 (87.4%) |
| Renter Occupied HU | 436 ( 8.7%) |
| Vacant Housing Units | 195 ( 3.9%) |
| Median Home Value | $332,271 |
| Average Home Value | $349,964 |
Housing Distribution
Address Breakdown
Residential
5,007
Single Family
4,951
Multi-Family
56
Businesses
163
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