1606 Monarch CtRiverdaleGA30296
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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 Riverdale at 1606 Monarch Ct, Riverdale, GA, 30296 generates $1,792/mo in rent and, after a $1,224/mo payment, leaves $270/mo in cash flow. Total monthly income is $1,792/mo, and annual cash flow is $3,241/yr on $82,875 invested. Return on cash invested sits at 23.82% in year one, and rental yield is 8.6% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 123.74% and total cumulative return in cash sums $102,550. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,792/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30296, Riverdale, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,496 (100%) |
| Owner Occupied HU | 6,582 (62.7%) |
| Renter Occupied HU | 3,353 (31.9%) |
| Vacant Housing Units | 561 ( 5.3%) |
| Median Home Value | $259,065 |
| Average Home Value | $275,536 |
Housing Distribution
Address Breakdown
Residential
10,063
Single Family
9,736
Multi-Family
327
Businesses
399
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