14004 Elk River Mills RdAthensAL35614
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
Investment property for sale in Athens at 14004 Elk River Mills Rd, Athens, AL, 35614 earns $230/mo cash flow from $1,297/mo rent with a $925/mo payment. Total monthly income totals $1,297/mo, and annual cash flow totals $2,763/yr on $62,654 capital. ROI tracks 24.32% on current figures, and rental yield reads 8.23% at a $189,000 purchase. Equity gained on principal adds $1,220/yr, and 5% annual appreciation supports $52,217 over five years. Five-year ROI reaches 125.81% and total cumulative return in cash sums $78,826. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,297/mo property income instead of your personal income.
Single Family
Built in N/A
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35614, Athens, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,686 (100%) |
| Owner Occupied HU | 2,617 (71.0%) |
| Renter Occupied HU | 769 (20.9%) |
| Vacant Housing Units | 300 ( 8.1%) |
| Median Home Value | $267,821 |
| Average Home Value | $323,535 |
Housing Distribution
Address Breakdown
Residential
3,517
Single Family
3,517
Multi-Family
0
Businesses
69
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Nearby investment properties with comparable prices
Listed by: Jessica Boginski • Weichert Realtors-The Sp Plce
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21887834
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