243 Arch StAthensGA30601
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
Rental property for sale in Athens at 243 Arch St, Athens, GA, 30601 priced at $400,000 pairs $2,385/mo rent with after a $1,958/mo payment. Total monthly income equals $2,385/mo. Return on cash invested is 18.16% in year one, and rental yield stands at 7.16% on a $400,000 basis. Equity gained on principal adds $2,581/yr, and 5% annual appreciation accumulates to $110,513 by year five. Five-year ROI measures 93.79% and total cumulative return in cash reaches $124,372. For financing, Ziffy Mortgage’s DSCR program evaluates $2,385/mo property income against a $1,958/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2008
0.31 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Haley Hoffman • Corcoran Classic Living
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1024991
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.