18317 Elles DrAthensAL35611
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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 18317 Elles Dr, Athens, AL, 35611 offers a 9.11% rental yield on a $220,000 purchase with $1,671/mo rent. Total monthly income registers $1,671/mo, and a $1,077/mo payment leaves $429/mo available for distribution. Annual cash flow reaches $5,148/yr on $72,930 to close, and return on cash invested stands at 26.97% in year one. Equity gained on principal adds $1,420/yr while 5% annual appreciation supports $60,782 over five years. Portfolio math shows five-year ROI at 139.97% and total cumulative return in cash at $102,083. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,671/mo property income against a $1,077/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.48 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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