211 North Ave APT 1132AthensGA30601
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
Investment property for sale in Athens at 211 North Ave APT 1132, Athens, GA, 30601 offers a 10.17% rental yield on a $225,000 purchase with $1,906/mo rent. Total monthly income registers $1,906/mo, and a $1,101/mo payment leaves $216/mo available for distribution. Annual cash flow reaches $2,597/yr on $74,588 to close, and return on cash invested stands at 23.39% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 123.28% and total cumulative return in cash at $91,953. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,906/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2004
953.96 sqft lot
$N/A/sqft
$270 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30601, Athens, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,003 (100%) |
| Owner Occupied HU | 3,353 (27.9%) |
| Renter Occupied HU | 7,391 (61.6%) |
| Vacant Housing Units | 1,259 (10.5%) |
| Median Home Value | $224,711 |
| Average Home Value | $283,517 |
Housing Distribution
Address Breakdown
Residential
10,679
Single Family
7,458
Multi-Family
3,221
Businesses
984
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Blair Brown • Coldwell Banker Upchurch Realty
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1025001
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.