168 Falling Shoals 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 168 Falling Shoals Dr, Athens, GA, 30605 priced at $389,500 converts $2,400/mo rent into after a $1,906/mo obligation. Total monthly income equals $2,400/mo. Return on cash invested prints 19.27% in year one, and rental yield reads 7.39% against a $389,500 entry. Equity gained on principal adds $2,513/yr, while 5% annual appreciation compiles into $107,612 by year five. Five-year ROI reaches 99.63% and total cumulative return in cash sums $128,647. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,400/mo property income covering a $1,906/mo payment, not borrower’s personal income.
Single Family
Built in 2007
0.74 Acres lot
$N/A/sqft
$850 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Westmoreland • Coldwell Banker Upchurch Realty
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1021243
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.