255 Cedar Creek DrAthensGA30605
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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 255 Cedar Creek Dr, Athens, GA, 30605 priced at $275,000 pairs $1,959/mo rent with $285/mo cash flow after a $1,346/mo payment. Total monthly income equals $1,959/mo, and annual cash flow comes to $3,423/yr on $91,163 invested. Return on cash invested is 23.66% in year one, and rental yield stands at 8.55% on a $275,000 basis. Equity gained on principal adds $1,775/yr, and 5% annual appreciation accumulates to $75,977 by year five. Five-year ROI measures 122.89% and total cumulative return in cash reaches $112,031. For financing, Ziffy Mortgage’s DSCR program evaluates $1,959/mo property income against a $1,346/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1967
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30605, Athens, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,640 (100%) |
| Owner Occupied HU | 6,560 (33.4%) |
| Renter Occupied HU | 11,686 (59.5%) |
| Vacant Housing Units | 1,394 ( 7.1%) |
| Median Home Value | $302,730 |
| Average Home Value | $339,131 |
Housing Distribution
Address Breakdown
Residential
18,751
Single Family
14,372
Multi-Family
4,379
Businesses
789
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