1404 Steam Engine Way NEConyersGA30013
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1404 Steam Engine Way NE, Conyers, GA, 30013 in Conyers speaks for itself: 15.17% gross on a $253,000 price, generating $3,199/mo in rent and $1,538/mo in net income after the $1,138/mo debt service. DSCR 2.81, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $18,450 stacks alongside $69,899 in projected five-year appreciation and $2,330/yr in principal reduction. Projected total cumulative return: $195,279.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.2% | 7.2% |
| Monthly Cash Flow | $1,538 | $250 |
City averages based on Conyers market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,199 |
| Total Monthly Debt Service | $1,561 |
| DSCR Ratio | 2.05x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2004
0.26 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2004
0.26 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices