123 Honey Creek RdConyersGA30094
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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 Conyers at 123 Honey Creek Rd, Conyers, GA, 30094 offers $4,793/mo rent that, after a $2,594/mo payment, leaves $1,568/mo cash flow. Total monthly income is $4,793/mo, and annual cash flow is $18,810/yr on $174,337 cash. Return on cash invested measures 30.85% in year one, and rental yield stands at 10.85% at a $529,900 entry. Equity gained on principal adds $3,419/yr while 5% annual appreciation compounds into $146,402 by year five. Five-year ROI records 161.35% and total cumulative return in cash reaches $281,291. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,793/mo property income versus a $2,594/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
1.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30094, Conyers, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,993 (100%) |
| Owner Occupied HU | 9,806 (75.5%) |
| Renter Occupied HU | 2,471 (19.0%) |
| Vacant Housing Units | 716 ( 5.5%) |
| Median Home Value | $293,317 |
| Average Home Value | $323,805 |
Housing Distribution
Address Breakdown
Residential
12,517
Single Family
11,804
Multi-Family
713
Businesses
535
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Nearby investment properties with comparable prices
Listed by: Platinum Key Realty • Platinum Key Realty of Georgia, LLC.
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7438580
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