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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Athens at 347 Oconee River Circle, Athens, GA, 30605 priced at $250,000 converts $1,712/mo rent into after a $1,224/mo obligation. Total monthly income equals $1,712/mo. Return on cash invested prints 18.79% in year one, and rental yield reads 8.22% against a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,070 by year five. Five-year ROI reaches 98.13% and total cumulative return in cash sums $81,322. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,712/mo property income covering a $1,224/mo payment, not borrower’s personal income.
Townhouse
Built in 2005
N/A lot
$N/A/sqft
$230 monthly HOA
Neighborhood data shown for ZIP Code: 30605, Athens, GA area.
| 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 |
Residential
18,751
Single Family
14,372
Multi-Family
4,379
Businesses
789
Date | Event | Price |
|---|---|---|
| 2025-08-28 | Sold | $250,000 |
| 2025-08-15 | Contingent | $260,000 |
| 2025-07-22 | Price change | $260,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-30 | $2522.50 | 2.04% | $96,696 | 1.70% |
| 2023-10-30 | $2472.13 | 21.21% | $95,084 | 28.61% |
| 2022-10-30 | $2039.50 | 30.76% | $73,934 | 31.36% |
Listed by: James Gulley • Greater Athens Properties
Mls Name: Hive MLS
Mls Provider:
Mls ID: #CM1027463
Disclaimer: The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 2025-10-17 12:20:34 PDT. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. 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. 2025-10-17 12:20:34 PDT Hive MLS
