1602 Gettysburg PlSandy 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 1602 Gettysburg Pl, Sandy Springs, GA, 30350 offers a 10.71% rental yield on a $217,000 purchase with $1,937/mo rent. Total monthly income registers $1,937/mo, and a $1,062/mo payment leaves $616/mo available for distribution. Annual cash flow reaches $7,397/yr on $71,936 to close, and return on cash invested stands at 30.19% in year one. Equity gained on principal adds $1,400/yr while 5% annual appreciation supports $59,953 over five years. Portfolio math shows five-year ROI at 157.9% and total cumulative return in cash at $113,585. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,937/mo property income against a $1,062/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1988
N/A 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: Tanya Pickens • Opendoor Brokerage, LLC
Mls Name: FMLS GA
Mls ID: #7705512