16810 Carter CirAthensAL35611
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 16810 Carter Cir, Athens, AL, 35611 offers a 9.93% rental yield on a $235,000 purchase with $1,945/mo rent. Total monthly income registers $1,945/mo, and a $1,150/mo payment leaves $619/mo available for distribution. Annual cash flow reaches $7,425/yr on $77,903 to close, and return on cash invested stands at 29.44% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,926 over five years. Portfolio math shows five-year ROI at 153.24% and total cumulative return in cash at $119,380. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,945/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
1.50 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Caleb McConnell • Innovative Realty Solutions
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21902871
Disclaimer: Properties marked with this icon are provided courtesy of the Valley MLS IDX Database. Some or all of the listings displayed may not belong to the firm whose website is being visited. All information provided is deemed reliable but is not guaranteed and should be independently verified. Copyright 2025 Valley MLS