3731 Mars Hill RdWatkinsvilleGA30677
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Watkinsville at 3731 Mars Hill Rd, Watkinsville, GA, 30677 priced at $369,990 converts $2,431/mo rent into $179/mo cash flow after a $1,811/mo obligation. Total monthly income equals $2,431/mo, and annual cash flow totals $2,149/yr on $122,652 invested. Return on cash invested prints 21.66% in year one, and rental yield reads 7.88% against a $369,990 entry. Equity gained on principal adds $2,387/yr, while 5% annual appreciation compiles into $102,221 by year five. Five-year ROI reaches 112.13% and total cumulative return in cash sums $137,534. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,431/mo property income covering a $1,811/mo payment, not borrower’s personal income.
Single Family
Built in 1977
1.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30677, Watkinsville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,079 (100%) |
| Owner Occupied HU | 6,693 (82.8%) |
| Renter Occupied HU | 1,032 (12.8%) |
| Vacant Housing Units | 354 ( 4.4%) |
| Median Home Value | $441,980 |
| Average Home Value | $524,470 |
Housing Distribution
Address Breakdown
Residential
7,904
Single Family
7,803
Multi-Family
101
Businesses
1,262
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Listed by: Ellen West • RAC Properties of Athens, Inc.
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1024346
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.