183 Parkway 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 183 Parkway Dr, Athens, GA, 30606 priced at $739,900 converts $2,400/mo rent into after a $3,621/mo obligation. Total monthly income equals $2,400/mo. Return on cash invested prints 9.69% in year one, and rental yield reads 3.89% against a $739,900 entry. Equity gained on principal adds $4,774/yr, while 5% annual appreciation compiles into $204,421 by year five. Five-year ROI reaches 47.91% and total cumulative return in cash sums $116,619. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,400/mo property income covering a $3,621/mo payment, not borrower’s personal income.
Single Family
Built in 1945
0.37 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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Listed by: Ryan Blue • Orbit Real Estate Partners
Mls Name: Hive MLS
Mls ID: #CL338718
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.