494 Baxter St SUITE 32AthensGA30605
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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 494 Baxter St SUITE 32, Athens, GA, 30605 listed at $1,200,000 pairs $3,010/mo rent with a $5,873/mo payment. Total monthly income runs $3,010/mo. Return on cash invested measures 6.66% in year one, and rental yield registers 3.01% at a $1,200,000 basis. Equity gained on principal adds $7,743/yr, and annual property appreciation at 5% supports $331,538 by year five. Five-year ROI tracks 31.7% and total cumulative return in cash totals $123,251. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,010/mo property income relative to a $5,873/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2004
N/A lot
$N/A/sqft
$150 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: Stephanie Leathers • Corcoran Classic Living
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1021558
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.