460 Barnett Shoals Rd #5-CAthensGA30605
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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 460 Barnett Shoals Rd #5-C, Athens, GA, 30605 priced at $264,900 converts $2,066/mo rent into $153/mo cash flow after a $1,297/mo obligation. Total monthly income equals $2,066/mo, and annual cash flow totals $1,832/yr on $87,814 invested. Return on cash invested prints 22% in year one, and rental yield reads 9.36% against a $264,900 entry. Equity gained on principal adds $1,709/yr, while 5% annual appreciation compiles into $73,187 by year five. Five-year ROI reaches 115.4% and total cumulative return in cash sums $101,336. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,066/mo property income covering a $1,297/mo payment, not borrower’s personal income.
Condo
Built in 2002
N/A lot
$N/A/sqft
$249 monthly 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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Listed by: Ceci Churchwell • Deep Roots Property Management
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1024310
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.