24090 Bain RdAthensAL35613
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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 24090 Bain Rd, Athens, AL, 35613 generates $1,644/mo in rent and, after a $563/mo payment, leaves $995/mo in cash flow. Total monthly income is $1,644/mo, and annual cash flow is $11,937/yr on $38,123 invested. Return on cash invested sits at 51.22% in year one, and rental yield is 17.15% on a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 270.1% and total cumulative return in cash sums $102,969. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,644/mo property income rather than buyer’s personal income.
Manufactured
Built in 1996
0.56 Acres lot
$N/A/sqft
No 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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Listed by: Rochon Hall • Matt Curtis Real Estate, Inc.
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21865232
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