1124 E Briar Gate CtRiverdaleGA30296
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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 Riverdale at 1124 E Briar Gate Ct, Riverdale, GA, 30296 offers a 10.72% rental yield on a $249,900 purchase with $2,233/mo rent. Total monthly income registers $2,233/mo, and a $1,223/mo payment leaves $712/mo available for distribution. Annual cash flow reaches $8,546/yr on $82,842 to close, and return on cash invested stands at 30.23% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 158.07% and total cumulative return in cash at $130,946. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,233/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
7,888 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30296, Riverdale, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,496 (100%) |
| Owner Occupied HU | 6,582 (62.7%) |
| Renter Occupied HU | 3,353 (31.9%) |
| Vacant Housing Units | 561 ( 5.3%) |
| Median Home Value | $259,065 |
| Average Home Value | $275,536 |
Housing Distribution
Address Breakdown
Residential
10,063
Single Family
9,736
Multi-Family
327
Businesses
399
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