245 Fairway DriveAthensGA30607
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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
Investment property for sale in Athens at 245 Fairway Drive, Athens, GA, 30607 with 5% annual appreciation on a $325,000 basis while $2,280/mo rent supports operations. Total monthly income totals $2,280/mo and a $1,591/mo payment preserves $302/mo for cash returns. Annual cash flow comes to $3,621/yr on $107,738 deployed, and return on cash invested reaches 23.27% in year one. Equity gained on principal adds $2,097/yr, and five-year appreciation sums $89,792 alongside rental yield of 8.42%. Five-year ROI measures 120.73% and total cumulative return in cash totals $130,069.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,280/mo property income versus a $1,591/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1971
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30607, Athens, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,653 (100%) |
| Owner Occupied HU | 2,714 (58.3%) |
| Renter Occupied HU | 1,677 (36.0%) |
| Vacant Housing Units | 262 ( 5.6%) |
| Median Home Value | $277,242 |
| Average Home Value | $322,846 |
Housing Distribution
Address Breakdown
Residential
4,439
Single Family
4,280
Multi-Family
159
Businesses
290
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