








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Riverdale at 198 Lucan Way, Riverdale, GA, 30274 priced at $219,000 pairs $1,493/mo rent with $114/mo cash flow after a $1,072/mo payment. Total monthly income equals $1,493/mo, and annual cash flow comes to $1,368/yr on $72,599 invested. Return on cash invested is 21.79% in year one, and rental yield stands at 8.18% on a $219,000 basis. Equity gained on principal adds $1,413/yr, and 5% annual appreciation accumulates to $60,506 by year five. Five-year ROI measures 113.14% and total cumulative return in cash reaches $82,137. For financing, Ziffy Mortgage’s DSCR program evaluates $1,493/mo property income against a $1,072/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1973
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30274, Riverdale, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,402 (100%) |
| Owner Occupied HU | 5,652 (42.2%) |
| Renter Occupied HU | 6,987 (52.1%) |
| Vacant Housing Units | 763 ( 5.7%) |
| Median Home Value | $192,145 |
| Average Home Value | $220,868 |
Residential
12,803
Single Family
10,463
Multi-Family
2,340
Businesses
1,038
Date | Event | Price |
|---|---|---|
| 2025-01-27 | Price change | $219,000 |
| 2025-01-07 | Price change | $225,000 |
| 2024-12-05 | Price change | $235,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-16 | $2368.89 | 22.45% | $64,640 | 33.55% |
| 2022-02-16 | $1934.50 | 31.79% | $48,400 | 33.41% |
| 2021-02-16 | $1467.92 | 4.67% | $36,280 | 6.11% |



Listed by: Megan Huynh • Virtual Properties Realty.com
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7478996
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