1976 Drennon AveAustellGA30106
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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 Austell at 1976 Drennon Ave, Austell, GA, 30106 listed at $265,000 pairs $1,926/mo rent with a $1,297/mo payment to leave $253/mo cash flow. Total monthly income runs $1,926/mo, and annual cash flow reaches $3,039/yr on $87,848 cash to close. Return on cash invested measures 23.37% in year one, and rental yield registers 8.72% at a $265,000 basis. Equity gained on principal adds $1,710/yr, and annual property appreciation at 5% supports $73,215 by year five. Five-year ROI tracks 121.58% and total cumulative return in cash totals $106,803. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,926/mo property income relative to a $1,297/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2001
2,134 sqft lot
$N/A/sqft
$60 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30106, Austell, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,541 (100%) |
| Owner Occupied HU | 5,355 (56.1%) |
| Renter Occupied HU | 3,690 (38.7%) |
| Vacant Housing Units | 496 ( 5.2%) |
| Median Home Value | $318,041 |
| Average Home Value | $340,644 |
Housing Distribution
Address Breakdown
Residential
8,896
Single Family
6,938
Multi-Family
1,958
Businesses
709
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Listed by: Adam Lane • Coldwell Banker Realty
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7523313
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