490 Barnett Shoals Rd APT 433AthensGA30605
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
Investment property for sale in Athens at 490 Barnett Shoals Rd APT 433, Athens, GA, 30605 offers a 10.13% rental yield on a $319,900 purchase with $2,700/mo rent. Total monthly income registers $2,700/mo, and a $1,566/mo payment leaves $481/mo available for distribution. Annual cash flow reaches $5,776/yr on $106,047 to close, and return on cash invested stands at 25.36% in year one. Equity gained on principal adds $2,064/yr while 5% annual appreciation supports $88,382 over five years. Portfolio math shows five-year ROI at 133.06% and total cumulative return in cash at $141,104. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,700/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2004
N/A lot
$N/A/sqft
$240 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Charles Talley • 5Market Realty
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1021724
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.