600 Mitchell Bridge Rd APT 2AthensGA30606
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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 600 Mitchell Bridge Rd APT 2, Athens, GA, 30606 earns $274/mo cash flow from $1,706/mo rent with a $1,023/mo payment. Total monthly income totals $1,706/mo, and annual cash flow totals $3,287/yr on $69,284 capital. ROI tracks 24.65% on current figures, and rental yield reads 9.8% at a $209,000 purchase. Equity gained on principal adds $1,349/yr, and 5% annual appreciation supports $57,743 over five years. Five-year ROI reaches 129.16% and total cumulative return in cash sums $89,486. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,706/mo property income instead of your personal income.
Condo
Built in 2002
N/A lot
$N/A/sqft
$1,920 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: Scott Talley • Five Market Realty LLC
Mls Name: GAMLS
Mls Provider:
Mls ID: #10614862
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2025 GAMLS. All rights reserved.