101 Wood Lake DrAthensGA30606
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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
Rental property for sale in Athens at 101 Wood Lake Dr, Athens, GA, 30606 priced at $254,900 converts $1,752/mo rent into $200/mo cash flow after a $1,248/mo obligation. Total monthly income equals $1,752/mo, and annual cash flow totals $2,403/yr on $84,499 invested. Return on cash invested prints 22.75% in year one, and rental yield reads 8.25% against a $254,900 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation compiles into $70,424 by year five. Five-year ROI reaches 117.98% and total cumulative return in cash sums $99,696. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,752/mo property income covering a $1,248/mo payment, not borrower’s personal income.
Condo
Built in 2000
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30606, Athens, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,996 (100%) |
| Owner Occupied HU | 10,120 (44.0%) |
| Renter Occupied HU | 11,389 (49.5%) |
| Vacant Housing Units | 1,487 ( 6.5%) |
| Median Home Value | $359,212 |
| Average Home Value | $448,667 |
Housing Distribution
Address Breakdown
Residential
21,910
Single Family
16,323
Multi-Family
5,587
Businesses
1,560
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