1222 E Forrest AveEast PtGA30344
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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
Rental property for sale in East Pt at 1222 E Forrest Ave, East Pt, GA, 30344 priced at $225,000 converts $1,891/mo rent into $522/mo cash flow after a $1,101/mo obligation. Total monthly income equals $1,891/mo, and annual cash flow totals $6,262/yr on $74,588 invested. Return on cash invested prints 28.31% in year one, and rental yield reads 10.09% against a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation compiles into $62,163 by year five. Five-year ROI reaches 147.74% and total cumulative return in cash sums $110,193. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,891/mo property income covering a $1,101/mo payment, not borrower’s personal income.
Single Family
Built in 1940
10,846 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30344, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,237 (100%) |
| Owner Occupied HU | 6,648 (38.6%) |
| Renter Occupied HU | 8,912 (51.7%) |
| Vacant Housing Units | 1,677 ( 9.7%) |
| Median Home Value | $284,435 |
| Average Home Value | $313,393 |
Housing Distribution
Address Breakdown
Residential
15,573
Single Family
13,832
Multi-Family
1,741
Businesses
1,095
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