550 Dearing St APT 30AthensGA30606
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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 550 Dearing St APT 30, Athens, GA, 30606 listed at $347,000 pairs $1,999/mo rent with a $1,698/mo payment. Total monthly income runs $1,999/mo. Return on cash invested measures 16.65% in year one, and rental yield registers 6.91% at a $347,000 basis. Equity gained on principal adds $2,239/yr, and annual property appreciation at 5% supports $95,870 by year five. Five-year ROI tracks 85.99% and total cumulative return in cash totals $98,912. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,999/mo property income relative to a $1,698/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1986
N/A lot
$N/A/sqft
$2,400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30606, Athens, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,996 (100%) |
| Owner Occupied HU | 10,120 (44.0%) |
| Renter Occupied HU | 11,389 (49.5%) |
| Vacant Housing Units | 1,487 ( 6.5%) |
| Median Home Value | $359,212 |
| Average Home Value | $448,667 |
Housing Distribution
Address Breakdown
Residential
21,910
Single Family
16,323
Multi-Family
5,587
Businesses
1,560
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Listed by: Glenn Gruschow • Keller Williams Realty Community Partners
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7630583
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