1510 Wingate WaySandy SpringsGA30350
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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 Sandy Springs at 1510 Wingate Way, Sandy Springs, GA, 30350 uses $77,903 cash to close to unlock $4,056/yr annual cash flow and $338/mo monthly cash flow. Total monthly income runs $1,768/mo, and a $1,150/mo payment keeps the spread at $338/mo. Purchase price stands at $235,000, and rental yield measures 9.03% with $1,768/mo rent. Return on cash invested shows 25.11% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 130.62% and total cumulative return in cash records $101,752. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,768/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Condo
Built in 1985
1,045 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30350, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,777 (100%) |
| Owner Occupied HU | 6,304 (35.5%) |
| Renter Occupied HU | 10,549 (59.3%) |
| Vacant Housing Units | 924 ( 5.2%) |
| Median Home Value | $627,481 |
| Average Home Value | $670,632 |
Housing Distribution
Address Breakdown
Residential
17,433
Single Family
7,720
Multi-Family
9,713
Businesses
754
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Listed by: Jessica L Thompson • Ansley RE | Christie's Int'l RE
Mls Name: GAMLS
Mls ID: #10682138