1412 Mercer AveCollege ParkGA30337
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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 College Park at 1412 Mercer Ave, College Park, GA, 30337 listed at $200,000 pairs $1,799/mo rent with a $979/mo payment to leave $582/mo cash flow. Total monthly income runs $1,799/mo, and annual cash flow reaches $6,980/yr on $66,300 cash to close. Return on cash invested measures 30.44% in year one, and rental yield registers 10.79% at a $200,000 basis. Equity gained on principal adds $1,291/yr, and annual property appreciation at 5% supports $55,256 by year five. Five-year ROI tracks 159.18% and total cumulative return in cash totals $105,536. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,799/mo property income relative to a $979/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1928
7,248 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30337, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,368 (100%) |
| Owner Occupied HU | 2,079 (32.6%) |
| Renter Occupied HU | 3,681 (57.8%) |
| Vacant Housing Units | 608 ( 9.5%) |
| Median Home Value | $382,388 |
| Average Home Value | $457,513 |
Housing Distribution
Address Breakdown
Residential
5,830
Single Family
5,557
Multi-Family
273
Businesses
799
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Listed by: Karen Corbin • Intown Focus Realty, LLC.
Mls Name: FMLS GA
Mls ID: #7627196