1468 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
Rental property for sale in College Park at 1468 Mercer Ave, College Park, GA, 30337 generates $1,993/mo in rent and, after a $1,395/mo payment, leaves $258/mo in cash flow. Total monthly income is $1,993/mo, and annual cash flow is $3,100/yr on $94,478 invested. Return on cash invested sits at 23.19% in year one, and rental yield is 8.39% on a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 120.34% and total cumulative return in cash sums $113,694. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,993/mo property income rather than buyer’s personal income.
Multi Family
Built in 1955
9,408 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: Anthony Fontana • Cornerstone Real Estate Partners
Mls Name: GAMLS
Mls ID: #10618634