8420 Macon HwyAthensGA30606
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 5.99% gross rental yield, 8420 Macon Hwy, Athens, GA, 30606 in Athens is priced for capital growth, not immediate cash flow. The $500,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $138,141 by year five, with $4,605/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (1.11) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $154,215.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6% | 6.0% |
| Monthly Cash Flow | $(547) | $250 |
City averages based on Athens market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,496 |
| Total Monthly Debt Service | $2,844 |
| DSCR Ratio | 0.88x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1981
1 Acres 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
Nearby investment properties with comparable rents
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
Multi Family
Built in 1981
1 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices