Independence II Plan, Town Mill : Town Mill CottagesAthensAL35613
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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 Independence II Plan, Town Mill: Town Mill Cottages, Athens, AL, 35613 earns $631/mo cash flow from $2,663/mo rent with a $1,762/mo payment. Total monthly income totals $2,663/mo, and annual cash flow totals $7,572/yr on $119,340 capital. ROI tracks 26.25% on current figures, and rental yield reads 8.88% at a $360,000 purchase. Equity gained on principal adds $2,323/yr, and 5% annual appreciation supports $99,461 over five years. Five-year ROI reaches 136.15% and total cumulative return in cash sums $162,477. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,663/mo property income instead of your personal income.
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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