1203 S Houston StAthensAL35611
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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 Athens at 1203 S Houston St, Athens, AL, 35611 uses $64,643 cash to close to unlock $7,545/yr annual cash flow and $629/mo monthly cash flow. Total monthly income runs $1,729/mo, and a $954/mo payment keeps the spread at $629/mo. Purchase price stands at $195,000, and rental yield measures 10.64% with $1,729/mo rent. Return on cash invested shows 31.58% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 164.73% and total cumulative return in cash records $106,486. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,729/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35611, Athens, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,458 (100%) |
| Owner Occupied HU | 7,619 (56.6%) |
| Renter Occupied HU | 4,425 (32.9%) |
| Vacant Housing Units | 1,414 (10.5%) |
| Median Home Value | $269,539 |
| Average Home Value | $297,129 |
Housing Distribution
Address Breakdown
Residential
12,482
Single Family
11,320
Multi-Family
1,162
Businesses
991
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