409 Morningview 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 409 Morningview St, Athens, AL, 35611 priced at $155,900 pairs $1,394/mo rent with $514/mo cash flow after a $763/mo payment. Total monthly income equals $1,394/mo, and annual cash flow comes to $6,169/yr on $51,681 invested. Return on cash invested is 31.85% in year one, and rental yield stands at 10.73% on a $155,900 basis. Equity gained on principal adds $1,006/yr, and 5% annual appreciation accumulates to $43,072 by year five. Five-year ROI measures 166.25% and total cumulative return in cash reaches $85,918. For financing, Ziffy Mortgage’s DSCR program evaluates $1,394/mo property income against a $763/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1964
10,454 sqft 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: Cliff Glansen • FlatFee.com
Mls Name: GALMLS
Mls Provider:
Mls ID: #21420004
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.