179 Governors DrForest ParkGA30297
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Nearby investment properties with comparable prices
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 Forest Park at 179 Governors Dr, Forest Park, GA, 30297 at $165,000 posts ROI 64.63% with $2,038/mo cash flow from $3,198/mo rent. Total monthly income equals $3,198/mo, and annual cash flow records $24,460/yr on $54,698 to close. Return on cash invested measures 64.63% and rental yield reads 23.26% at the current $165,000. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 by year five. Five-year ROI prints 343.82% and total cumulative return in cash totals $188,063.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,198/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1973
N/A lot
$N/A/sqft
$1,860 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30297, Forest Park, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,131 (100%) |
| Owner Occupied HU | 4,144 (37.2%) |
| Renter Occupied HU | 6,226 (55.9%) |
| Vacant Housing Units | 761 ( 6.8%) |
| Median Home Value | $150,470 |
| Average Home Value | $173,494 |
Housing Distribution
Address Breakdown
Residential
10,148
Single Family
9,133
Multi-Family
1,015
Businesses
1,163
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Listed by: Lateefa Mosley • Keller Williams Realty Atl. Partners
Mls Name: GAMLS
Mls Provider:
Mls ID: #10362005
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.