113 Hastings RdAthensAL35613
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 113 Hastings Rd, Athens, AL, 35613 offers $1,730/mo rent that, after a $1,395/mo payment, leaves $121/mo cash flow. Total monthly income is $1,730/mo, and annual cash flow is $1,455/yr on $94,478 cash. Return on cash invested measures 21.45% in year one, and rental yield stands at 7.28% at a $285,000 entry. Equity gained on principal adds $1,839/yr while 5% annual appreciation compounds into $78,740 by year five. Five-year ROI records 110.42% and total cumulative return in cash reaches $104,322. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,730/mo property income versus a $1,395/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.69 Acres 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: Madison Huff • Legend Realty
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21896459
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