151 Woodstone DrAthensGA30605
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 151 Woodstone Dr, Athens, GA, 30605 priced at $294,900 converts $3,644/mo rent into $1,511/mo cash flow after a $1,443/mo obligation. Total monthly income equals $3,644/mo, and annual cash flow totals $18,130/yr on $97,759 invested. Return on cash invested prints 38.45% in year one, and rental yield reads 14.83% against a $294,900 entry. Equity gained on principal adds $1,903/yr, while 5% annual appreciation compiles into $81,475 by year five. Five-year ROI reaches 203.67% and total cumulative return in cash sums $199,111. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,644/mo property income covering a $1,443/mo payment, not borrower’s personal income.
Condo
Built in 1973
1,219 sqft lot
$N/A/sqft
$311 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30605, Athens, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
18,751
Single Family
14,372
Multi-Family
4,379
Businesses
789
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Listed by: Stephen Molloy • HomeSmart
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1019285
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.