1038 Castanea DrDouglasvilleGA30135
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
Investment Highlights
Rental property for sale in Douglasville at 1038 Castanea Dr, Douglasville, GA, 30135 priced at $303,990 converts $2,345/mo rent into $495/mo cash flow after a $1,488/mo obligation. Total monthly income equals $2,345/mo, and annual cash flow totals $5,937/yr on $100,773 invested. Return on cash invested prints 25.8% in year one, and rental yield reads 9.26% against a $303,990 entry. Equity gained on principal adds $1,962/yr, while 5% annual appreciation compiles into $83,987 by year five. Five-year ROI reaches 134.3% and total cumulative return in cash sums $135,341. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,345/mo property income covering a $1,488/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30135, Douglasville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,741 (100%) |
| Owner Occupied HU | 18,991 (73.8%) |
| Renter Occupied HU | 5,581 (21.7%) |
| Vacant Housing Units | 1,169 ( 4.5%) |
| Median Home Value | $356,942 |
| Average Home Value | $384,851 |
Housing Distribution
Address Breakdown
Residential
25,135
Single Family
23,164
Multi-Family
1,971
Businesses
1,046
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Starlight
Mls Name: Starlight Homes
Mls Provider:
Mls ID: #N/A