245 Forest Heights DrAthensGA30606
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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 Forest Heights Dr, Athens, GA, 30606 listed at $295,000 pairs $2,329/mo rent with a $1,444/mo payment to leave $533/mo cash flow. Total monthly income runs $2,329/mo, and annual cash flow reaches $6,402/yr on $97,793 cash to close. Return on cash invested measures 26.46% in year one, and rental yield registers 9.47% at a $295,000 basis. Equity gained on principal adds $1,904/yr, and annual property appreciation at 5% supports $81,503 by year five. Five-year ROI tracks 137.84% and total cumulative return in cash totals $134,798. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,329/mo property income relative to a $1,444/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
0.63 Acres lot
$N/A/sqft
No 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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