584 Edgewood DrAthensGA30606
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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 584 Edgewood Dr, Athens, GA, 30606 uses $148,844 cash to close to unlock $11,771/yr annual cash flow and $981/mo monthly cash flow. Total monthly income runs $3,714/mo, and a $2,198/mo payment keeps the spread at $981/mo. Purchase price stands at $449,000, and rental yield measures 9.93% with $3,714/mo rent. Return on cash invested shows 27.82% in year one, and 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 145.11% and total cumulative return in cash records $215,992. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,714/mo property income covering a $2,198/mo payment rather than investor’s personal income.
Single Family
Built in 2005
5,227 sqft lot
$N/A/sqft
No 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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