24221 Ransom Spring DrAthensAL35613
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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 24221 Ransom Spring Dr, Athens, AL, 35613 earns $249/mo cash flow from $2,501/mo rent with a $1,953/mo payment. Total monthly income totals $2,501/mo, and annual cash flow totals $2,985/yr on $132,269 capital. ROI tracks 22.17% on current figures, and rental yield reads 7.52% at a $399,000 purchase. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 over five years. Five-year ROI reaches 114.23% and total cumulative return in cash sums $151,094. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,501/mo property income instead of your personal income.
Single Family
Built in 2020
0.61 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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