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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Athens at 2165 Milledge Ave UNIT D9, Athens, GA, 30605 listed at $224,900 pairs $1,996/mo rent with a $1,101/mo payment to leave $456/mo cash flow. Total monthly income runs $1,996/mo, and annual cash flow reaches $5,472/yr on $74,554 cash to close. Return on cash invested measures 27.25% in year one, and rental yield registers 10.65% at a $224,900 basis. Equity gained on principal adds $1,451/yr, and annual property appreciation at 5% supports $62,136 by year five. Five-year ROI tracks 143.04% and total cumulative return in cash totals $106,645. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,996/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1989
435.60 sqft lot
$N/A/sqft
$2,052 annually HOA
Neighborhood data shown for ZIP Code: 30605, Athens, GA area.
| 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 |
Residential
18,751
Single Family
14,372
Multi-Family
4,379
Businesses
789
Date | Event | Price |
|---|---|---|
| 2025-01-30 | Price change | $224,900 |
| 2025-01-15 | Listed for sale | $235,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Angie Johnson • Coldwell Banker Upchurch Rlty.
Mls Name: GAMLS
Mls Provider:
Mls ID: #10440829
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2025 GAMLS. All rights reserved.
