24430 Chadwick DrAthensAL35613
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 24430 Chadwick Dr, Athens, AL, 35613 uses $84,533 cash to close to unlock $10,653/yr annual cash flow and $888/mo monthly cash flow. Total monthly income runs $2,327/mo, and a $1,248/mo payment keeps the spread at $888/mo. Purchase price stands at $255,000, and rental yield measures 10.95% with $2,327/mo rent. Return on cash invested shows 32.51% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 169.7% and total cumulative return in cash records $143,456. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,327/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 1993
0.60 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robert Hussey • Keller Williams Realty Madison
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21891386
Disclaimer: Properties marked with this icon are provided courtesy of the Valley MLS IDX Database. Some or all of the listings displayed may not belong to the firm whose website is being visited. All information provided is deemed reliable but is not guaranteed and should be independently verified. Copyright 2025 Valley MLS