LOT 24 Mandy Dr, Wedowee, AL 36278#
Wedowee, AL 36278 | Randolph County
Key Metrics#
| Metric | Value |
|---|
| Investment Score | 78/100 |
| Asking Price | $11,900 |
| Acreage | 1.1 acres |
| Price/Acre | $10,438/ac |
| County Median $/Ac | $32,239/ac |
| vs County Median | 32.4% |
| Days on Market | 424 |
| Flood Zone | Unknown |
| HOA | Unknown |
| Broker | Lake Homes Realty LLC |
| Listing Type | FSBA |
Motivation Signals#
- 424 days on market
- Absentee owner
Offer Strategy#
| Level | Offer Price | % of Asking |
|---|
| Aggressive | $5,950 | 50% |
| Standard | $7,140 | 60% |
| Conservative | $8,330 | 70% |
Owner-Finance Projections#
Based on buying at $7,140 (standard offer), selling at 10% interest over 7 years
| Metric | Value |
|---|
| Sale Price (2.5x) | $17,850 |
| Down Payment (15%) | $2,677 |
| Financed Amount | $15,173 |
| Monthly Payment | $251 |
| Total Cash Received | $23,836 |
| Total Invested | $7,540 |
| Gross Profit | $16,296 |
| ROI | 216% |
Due Diligence Links#