274 King AveAthensGA30606
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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 274 King Ave, Athens, GA, 30606 with 5% annual appreciation on a $589,900 basis while $3,766/mo rent supports operations. Total monthly income totals $3,766/mo and a $2,887/mo payment preserves $176/mo for cash returns. Annual cash flow comes to $2,112/yr on $194,077 deployed, and return on cash invested reaches 21.15% in year one. Equity gained on principal adds $3,807/yr, and five-year appreciation sums $162,978 alongside rental yield of 7.66%. Five-year ROI measures 109.34% and total cumulative return in cash totals $212,205.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,766/mo property income versus a $2,887/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1948
0.35 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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Listed by: Briggs Carney • Nabo Realty, LLC
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1021451
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.