108 Whitfield DrAthensAL35613
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Athens at 108 Whitfield Dr, Athens, AL, 35613 priced at $349,700 pairs $2,034/mo rent with $60/mo cash flow after a $1,712/mo payment. Total monthly income equals $2,034/mo, and annual cash flow comes to $717/yr on $115,926 invested. Return on cash invested is 20.53% in year one, and rental yield stands at 6.98% on a $349,700 basis. Equity gained on principal adds $2,257/yr, and 5% annual appreciation accumulates to $96,616 by year five. Five-year ROI measures 105.44% and total cumulative return in cash reaches $122,236. For financing, Ziffy Mortgage’s DSCR program evaluates $2,034/mo property income against a $1,712/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35613, Athens, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,937 (100%) |
| Owner Occupied HU | 9,026 (82.5%) |
| Renter Occupied HU | 1,520 (13.9%) |
| Vacant Housing Units | 391 ( 3.6%) |
| Median Home Value | $336,500 |
| Average Home Value | $377,614 |
Housing Distribution
Address Breakdown
Residential
11,392
Single Family
11,274
Multi-Family
118
Businesses
298
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Nearby investment properties with comparable prices
Listed by: Shannon Elliott • Engel & Volkers Limestone
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21875801
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