1112 Evelyn DrForest ParkGA30297
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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 Forest Park at 1112 Evelyn Dr, Forest Park, GA, 30297 offers a 9.04% rental yield on a $169,000 purchase with $1,273/mo rent. Total monthly income registers $1,273/mo, and a $827/mo payment leaves $245/mo available for distribution. Annual cash flow reaches $2,935/yr on $56,024 to close, and return on cash invested stands at 25.15% in year one. Equity gained on principal adds $1,091/yr while 5% annual appreciation supports $46,692 over five years. Portfolio math shows five-year ROI at 130.84% and total cumulative return in cash at $73,303. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,273/mo property income against a $827/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
10,280 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30297, Forest Park, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,131 (100%) |
| Owner Occupied HU | 4,144 (37.2%) |
| Renter Occupied HU | 6,226 (55.9%) |
| Vacant Housing Units | 761 ( 6.8%) |
| Median Home Value | $150,470 |
| Average Home Value | $173,494 |
Housing Distribution
Address Breakdown
Residential
10,148
Single Family
9,133
Multi-Family
1,015
Businesses
1,163
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Listed by: Marshall Wagner • Rock River Realty, LLC.
Mls Name: FMLS GA
Mls ID: #7599280