1059 Jolly AveClarkstonGA30021
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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 Clarkston at 1059 Jolly Ave, Clarkston, GA, 30021 uses $132,269 cash to close to unlock $30/yr annual cash flow and $3/mo monthly cash flow. Total monthly income runs $2,431/mo, and a $1,953/mo payment keeps the spread at $3/mo. Purchase price stands at $399,000, and rental yield measures 7.31% with $2,431/mo rent. Return on cash invested shows 19.93% in year one, and 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 102.84% and total cumulative return in cash records $136,022. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,431/mo property income covering a $1,953/mo payment rather than investor’s personal income.
Single Family
Built in 1955
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30021, Clarkston, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,328 (100%) |
| Owner Occupied HU | 2,163 (26.0%) |
| Renter Occupied HU | 5,613 (67.4%) |
| Vacant Housing Units | 552 ( 6.6%) |
| Median Home Value | $300,454 |
| Average Home Value | $411,053 |
Housing Distribution
Address Breakdown
Residential
8,523
Single Family
5,456
Multi-Family
3,067
Businesses
435
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