56 Reese Ridge DrAthensGA30607
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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 56 Reese Ridge Dr, Athens, GA, 30607 listed at $489,000 pairs $2,822/mo rent with a $2,393/mo payment. Total monthly income runs $2,822/mo. Return on cash invested measures 18.46% in year one, and rental yield registers 6.93% at a $489,000 basis. Equity gained on principal adds $3,155/yr, and annual property appreciation at 5% supports $135,102 by year five. Five-year ROI tracks 95.03% and total cumulative return in cash totals $154,042. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,822/mo property income relative to a $2,393/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
1.19 Acres lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30607, Athens, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,653 (100%) |
| Owner Occupied HU | 2,714 (58.3%) |
| Renter Occupied HU | 1,677 (36.0%) |
| Vacant Housing Units | 262 ( 5.6%) |
| Median Home Value | $277,242 |
| Average Home Value | $322,846 |
Housing Distribution
Address Breakdown
Residential
4,439
Single Family
4,280
Multi-Family
159
Businesses
290
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Listed by: Daniel Hardigree • Keller Wms Realty Atl Partners
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1025507
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