200 Scandia Cir APT 5, Athens, GA, 30605 | $190/mo Cash Flow

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200 Scandia Cir APT 5, Athens, GA, 30605 | $190/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Athens at 200 Scandia Cir APT 5, Athens, GA, 30605 listed at $110,000 pairs $859/mo rent with a $538/mo payment to leave $190/mo cash flow. Total monthly income runs $859/mo, and annual cash flow reaches $2,279/yr on $36,465 cash to close. Return on cash invested measures 26.16% in year one, and rental yield registers 9.37% at a $110,000 basis. Equity gained on principal adds $710/yr, and annual property appreciation at 5% supports $30,391 by year five. Five-year ROI tracks 136.21% and total cumulative return in cash totals $49,668. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $859/mo property income relative to a $538/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1970

461.74 sqft lot

$N/A/sqft

No HOA

More details about the property

Furnished & ready to move in or rent out! This gated 2 bedroom, 2 bath condo is located on the top floor, so no one above you! Features include a large Living Room with sliding doors to covered balcony, & Dining Room flowing into large Kitchen. On the other side is the laundry area, Primary Suite with walkthrough closet, vanity & separate water closet with walk-in shower. The large 2nd BR has a traditional closet & a full hall bath with tub/shower combo. Seller has replaced all carpet with laminate floors, painted throughout, replaced several lights/fans & primary vanity mirror. Selling furnished with a few items being taken by the seller. Through the main gate is the clubhouse with pool & tennis court area. This East Athens location is extremely convenient so very close to the Aldi shopping center, Cali n Titos, Ansonborough, Publix shopping center, multiple other shops & restaurants, area schools, & UGA. Perfect for owner occupants or investors!

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