Charle Plan, Craft SpringsAthensAL35613
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
Rental property for sale in Athens at Charle Plan, Craft Springs, Athens, AL, 35613 priced at $309,500 pairs $2,592/mo rent with $845/mo cash flow after a $1,515/mo payment. Total monthly income equals $2,592/mo, and annual cash flow comes to $10,138/yr on $102,599 invested. Return on cash invested is 29.79% in year one, and rental yield stands at 10.05% on a $309,500 basis. Equity gained on principal adds $1,997/yr, and 5% annual appreciation accumulates to $85,509 by year five. Five-year ROI measures 155.12% and total cumulative return in cash reaches $159,150. For financing, Ziffy Mortgage’s DSCR program evaluates $2,592/mo property income against a $1,515/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A 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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