205 Boundary StAthensGA30607
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 205 Boundary St, Athens, GA, 30607 priced at $539,000 converts $3,910/mo rent into $400/mo cash flow after a $2,638/mo obligation. Total monthly income equals $3,910/mo, and annual cash flow totals $4,799/yr on $177,331 invested. Return on cash invested prints 22.77% in year one, and rental yield reads 8.71% against a $539,000 entry. Equity gained on principal adds $3,478/yr, while 5% annual appreciation compiles into $148,916 by year five. Five-year ROI reaches 118.55% and total cumulative return in cash sums $210,228. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,910/mo property income covering a $2,638/mo payment, not borrower’s personal income.
Single Family
Built in 2007
6,534 sqft lot
$N/A/sqft
$157 monthly 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
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Listed by: Stephanie Pendleton • Corcoran Classic Living
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1025211
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.