9348 Snake RdAthensAL35611
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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
Investment property for sale in Athens at 9348 Snake Rd, Athens, AL, 35611 uses $74,554 cash to close to unlock $6,004/yr annual cash flow and $500/mo monthly cash flow. Total monthly income runs $1,770/mo, and a $1,101/mo payment keeps the spread at $500/mo. Purchase price stands at $224,900, and rental yield measures 9.44% with $1,770/mo rent. Return on cash invested shows 27.96% in year one, and 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 145.35% and total cumulative return in cash records $108,361. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,770/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1989
0.56 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: Lori D Best • Redstone Realty Solutions-MAD
Mls Name: Strategic MLS Alliance
Mls ID: #523732
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.