LOT 68 Old Town 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 LOT 68 Old Town Dr, Athens, AL, 35613 at $502,900 posts ROI 18.03% with from $2,592/mo rent. Total monthly income equals $2,592/mo. Return on cash invested measures 18.03% and rental yield reads 6.18% at the current $502,900. Equity gained on principal adds $3,245/yr, and 5% annual appreciation supports $138,942 by year five. Five-year ROI prints 92.13% and total cumulative return in cash totals $152,430. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,592/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
0.27 Acres lot
$N/A/sqft
$400 annually 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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Nearby investment properties with comparable prices
Listed by: Gray Winn • Re/Max Legacy
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21899059
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