230 Glen Meadow CtAthensGA30601
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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 230 Glen Meadow Ct, Athens, GA, 30601 priced at $340,000 converts $2,416/mo rent into $285/mo cash flow after a $1,664/mo obligation. Total monthly income equals $2,416/mo, and annual cash flow totals $3,417/yr on $112,710 invested. Return on cash invested prints 22.94% in year one, and rental yield reads 8.53% against a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation compiles into $93,936 by year five. Five-year ROI reaches 119.21% and total cumulative return in cash sums $134,358. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,416/mo property income covering a $1,664/mo payment, not borrower’s personal income.
Single Family
Built in 2002
0.89 Acres lot
$N/A/sqft
No 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
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Listed by: Emily Brooks • Keller Williams Greater Athens
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1024783
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