The Landen Meadows RdAthensAL35613
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 The Landen Meadows Rd, Athens, AL, 35613 offers $2,158/mo rent that, after a $1,160/mo payment, leaves $791/mo cash flow. Total monthly income is $2,158/mo, and annual cash flow is $9,494/yr on $78,532 cash. Return on cash invested measures 32% in year one, and rental yield stands at 10.93% at a $236,900 entry. Equity gained on principal adds $1,529/yr while 5% annual appreciation compounds into $65,451 by year five. Five-year ROI records 167.18% and total cumulative return in cash reaches $131,293. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,158/mo property income versus a $1,160/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
9,583 sqft lot
$N/A/sqft
$350 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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Listed by: Lisa Jane Matteson • SDH Alabama LLC
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21857049
Disclaimer: Properties marked with this icon are provided courtesy of the Valley MLS IDX Database. Some or all of the listings displayed may not belong to the firm whose website is being visited. All information provided is deemed reliable but is not guaranteed and should be independently verified. Copyright 2024 Valley MLS