22284 Kennemer LnAthensAL35613
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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 22284 Kennemer Ln, Athens, AL, 35613 uses $161,441 cash to close to unlock $635/yr annual cash flow and $53/mo monthly cash flow. Total monthly income runs $2,893/mo, and a $2,384/mo payment keeps the spread at $53/mo. Purchase price stands at $487,000, and rental yield measures 7.13% with $2,893/mo rent. Return on cash invested shows 20.3% in year one, and 5% annual appreciation builds toward $134,549 over five years. Five-year ROI reaches 104.48% and total cumulative return in cash records $168,666. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,893/mo property income covering a $2,384/mo payment rather than investor’s personal income.
Single Family
Built in 2018
7,405 sqft lot
$N/A/sqft
$62 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35613, Athens, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,937 (100%) |
| Owner Occupied HU | 9,026 (82.5%) |
| Renter Occupied HU | 1,520 (13.9%) |
| Vacant Housing Units | 391 ( 3.6%) |
| Median Home Value | $336,500 |
| Average Home Value | $377,614 |
Housing Distribution
Address Breakdown
Residential
11,392
Single Family
11,274
Multi-Family
118
Businesses
298
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