Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Athens at 131 Fernbanks Ct, Athens, GA, 30605 offers a 7.15% rental yield on a $249,500 purchase with $1,486/mo rent. 12% in year one. Equity gained on principal adds $1,610/yr while 5% annual appreciation supports $68,932 over five years. Portfolio math shows five-year ROI at 78.59% and total cumulative return in cash at $65,001. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,486/mo property income against a $1,221/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1973
N/A lot
$N/A/sqft
$282 monthly HOA
Neighborhood data shown for ZIP Code: 30605, Athens, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,640 (100%) |
| Owner Occupied HU | 6,560 (33.4%) |
| Renter Occupied HU | 11,686 (59.5%) |
| Vacant Housing Units | 1,394 ( 7.1%) |
| Median Home Value | $302,730 |
| Average Home Value | $339,131 |
Residential
18,751
Single Family
14,372
Multi-Family
4,379
Businesses
789
Date | Event | Price |
|---|---|---|
| 2025-03-14 | Listed for sale | $249,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-16 | $2259.38 | 5.82% | $72,300 | 5.82% |
| 2023-03-16 | $2135.03 | 12.07% | $68,321 | 14.40% |
| 2022-03-16 | $1905.04 | 7.50% | $59,719 | 13.57% |
Listed by: Helen Grigsby • WHR Real Estate Co.
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1023543
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.
