115 Nassau LnAthensGA30607
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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 115 Nassau Ln, Athens, GA, 30607 priced at $360,000 converts $2,826/mo rent into $530/mo cash flow after a $1,762/mo obligation. Total monthly income equals $2,826/mo, and annual cash flow totals $6,356/yr on $119,340 invested. Return on cash invested prints 25.24% in year one, and rental yield reads 9.42% against a $360,000 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation compiles into $99,461 by year five. Five-year ROI reaches 131.65% and total cumulative return in cash sums $157,113. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,826/mo property income covering a $1,762/mo payment, not borrower’s personal income.
Single Family
Built in 1978
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30607, Athens, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,653 (100%) |
| Owner Occupied HU | 2,714 (58.3%) |
| Renter Occupied HU | 1,677 (36.0%) |
| Vacant Housing Units | 262 ( 5.6%) |
| Median Home Value | $277,242 |
| Average Home Value | $322,846 |
Housing Distribution
Address Breakdown
Residential
4,439
Single Family
4,280
Multi-Family
159
Businesses
290
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Listed by: Julie Moon • Corcoran Classic Living
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1023710
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.