185 GARNET RIDGE DriveAthensGA30607
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 185 GARNET RIDGE Drive, Athens, GA, 30607 in Athens is listed at $275,000 and delivers $2,030/mo in rent and $357/mo in net monthly cash flow. The 8.86% yield and 1.64 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $75,977 over five years, and $2,533/yr in principal reduction supplements cash return. Total projected cumulative return: $127,095.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 6.0% |
| Monthly Cash Flow | $357 | $250 |
City averages based on Athens market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,030 |
| Total Monthly Debt Service | $1,564 |
| DSCR Ratio | 1.30x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2006
N/A 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
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
Single Family
Built in 2006
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices