21345 Lake Bates RdAthensAL35614
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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 21345 Lake Bates Rd, Athens, AL, 35614 earns from $1,471/mo rent with a $2,247/mo payment. Total monthly income totals $1,471/mo. ROI tracks 11.07% on current figures, and rental yield reads 3.85% at a $459,000 purchase. Equity gained on principal adds $2,962/yr, and 5% annual appreciation supports $126,813 over five years. Five-year ROI reaches 54.75% and total cumulative return in cash sums $83,303. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,471/mo property income instead of your personal income.
Single Family
Built in 1910
39 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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