








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 S Milledge Ave APT D9, Athens, GA, 30605 listed at $224,900 pairs $2,232/mo rent with a $1,101/mo payment to leave $692/mo cash flow. Total monthly income runs $2,232/mo, and annual cash flow reaches $8,304/yr on $74,554 cash to close. Return on cash invested measures 31.05% in year one, and rental yield registers 11.91% 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 163.42% and total cumulative return in cash totals $121,837. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,232/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
$171 monthly 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 |
| 2025-01-16 | 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 Realty
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1023248
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.