312 Hoffman StAthensAL35611
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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
Rental property for sale in Athens at 312 Hoffman St, Athens, AL, 35611 generates $1,514/mo in rent and, after a $1,125/mo payment, leaves $217/mo in cash flow. Total monthly income is $1,514/mo, and annual cash flow is $2,599/yr on $76,212 invested. Return on cash invested sits at 23.32% in year one, and rental yield is 7.9% on a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 120.44% and total cumulative return in cash sums $91,787. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,514/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.26 Acres lot
$N/A/sqft
No 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: David Holmes • Re/Max Legacy
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21895659
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