2875 Marina DrAthensAL35611
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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 2875 Marina Dr, Athens, AL, 35611 priced at $479,000 pairs $2,336/mo rent with after a $2,344/mo payment. Total monthly income equals $2,336/mo. Return on cash invested is 16.83% in year one, and rental yield stands at 5.85% on a $479,000 basis. Equity gained on principal adds $3,091/yr, and 5% annual appreciation accumulates to $132,339 by year five. Five-year ROI measures 85.73% and total cumulative return in cash reaches $136,131. For financing, Ziffy Mortgage’s DSCR program evaluates $2,336/mo property income against a $2,344/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2007
5,227 sqft lot
$N/A/sqft
$480 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35611, Athens, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,458 (100%) |
| Owner Occupied HU | 7,619 (56.6%) |
| Renter Occupied HU | 4,425 (32.9%) |
| Vacant Housing Units | 1,414 (10.5%) |
| Median Home Value | $269,539 |
| Average Home Value | $297,129 |
Housing Distribution
Address Breakdown
Residential
12,482
Single Family
11,320
Multi-Family
1,162
Businesses
991
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Listed by: Sherri Robbins • The Robbins Agency
Mls Name: Strategic MLS Alliance
Mls ID: #519532
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.