16946 Orleans Dr #WC3A4EAthensAL35611
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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
Rental property for sale in Athens at 16946 Orleans Dr #WC3A4E, Athens, AL, 35611 generates $2,500/mo in rent and, after a $1,781/mo payment, leaves $446/mo in cash flow. Total monthly income is $2,500/mo, and annual cash flow is $5,354/yr on $120,600 invested. Return on cash invested sits at 24.35% in year one, and rental yield is 8.25% on a $363,800 entry. Equity gained on principal adds $2,348/yr, while 5% annual appreciation builds toward $100,511 over five years. Five-year ROI reaches 125.97% and total cumulative return in cash sums $151,922. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,500/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
N/A 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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