240 Overcup CtAthensGA30606
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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 240 Overcup Ct, Athens, GA, 30606 offers $4,262/mo rent that, after a $1,965/mo payment, leaves $1,676/mo cash flow. Total monthly income is $4,262/mo, and annual cash flow is $20,118/yr on $133,115 cash. Return on cash invested measures 35.02% in year one, and rental yield stands at 12.74% at a $401,555 entry. Equity gained on principal adds $2,591/yr while 5% annual appreciation compounds into $110,942 by year five. Five-year ROI records 184.23% and total cumulative return in cash reaches $245,232. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,262/mo property income versus a $1,965/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
4,399 sqft lot
$N/A/sqft
$142 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30606, Athens, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,996 (100%) |
| Owner Occupied HU | 10,120 (44.0%) |
| Renter Occupied HU | 11,389 (49.5%) |
| Vacant Housing Units | 1,487 ( 6.5%) |
| Median Home Value | $359,212 |
| Average Home Value | $448,667 |
Housing Distribution
Address Breakdown
Residential
21,910
Single Family
16,323
Multi-Family
5,587
Businesses
1,560
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Listed by: Ale Clayton Jr • Reliant Realty Inc
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1019541
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.