396 Summit Lakes 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 396 Summit Lakes Dr, Athens, AL, 35613 at $328,900 posts ROI 24.77% with $442/mo cash flow from $2,456/mo rent. Total monthly income equals $2,456/mo, and annual cash flow records $5,304/yr on $109,030 to close. Return on cash invested measures 24.77% and rental yield reads 8.96% at the current $328,900. Equity gained on principal adds $2,122/yr, and 5% annual appreciation supports $90,869 by year five. Five-year ROI prints 128.83% and total cumulative return in cash totals $140,461.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,456/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Home Type Unknown
Built in 2022
10,454 sqft 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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