105 Melbourne 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 105 Melbourne Dr, Athens, GA, 30606 offers $2,124/mo rent that, after a $4,772/mo payment. Total monthly income is $2,124/mo. Return on cash invested measures 5.81% in year one, and rental yield stands at 2.61% at a $975,000 entry. Equity gained on principal adds $6,292/yr while 5% annual appreciation compounds into $269,375 by year five. Five-year ROI records 27.06% and total cumulative return in cash reaches $86,799. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,124/mo property income versus a $4,772/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
1.09 Acres 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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