17902 Watercress DrAthensAL35611
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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 17902 Watercress Dr, Athens, AL, 35611 uses $137,573 cash to close to unlock $1,263/yr annual cash flow and $105/mo monthly cash flow. Total monthly income runs $2,485/mo, and a $2,031/mo payment keeps the spread at $105/mo. Purchase price stands at $415,000, and rental yield measures 7.19% with $2,485/mo rent. Return on cash invested shows 20.83% in year one, and 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 107.19% and total cumulative return in cash records $147,465. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,485/mo property income covering a $2,031/mo payment rather than investor’s personal income.
Single Family
Built in 2007
0.26 Acres lot
$N/A/sqft
$450 annually 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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Listed by: Patsy Gooch • Century 21 J And L Realty
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21875203
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