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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Sandy Springs at 2007 Wingate Way, Sandy Springs, GA, 30350 priced at $149,900 converts $1,142/mo rent into after a $734/mo obligation. Total monthly income equals $1,142/mo. Return on cash invested prints 17.33% in year one, and rental yield reads 9.14% against a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation compiles into $41,415 by year five. Five-year ROI reaches 91.88% and total cumulative return in cash sums $45,659. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,142/mo property income covering a $734/mo payment, not borrower’s personal income.
Condo
Built in 1985
731.81 sqft lot
$N/A/sqft
$307 monthly HOA
Neighborhood data shown for ZIP Code: 30350, Atlanta, GA area.
| 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 |
Residential
17,433
Single Family
7,720
Multi-Family
9,713
Businesses
754
Date | Event | Price |
|---|---|---|
| 2025-04-18 | Listed for sale | $149,900 |
| 2019-05-24 | Listing removed | $1,100 |
| 2019-05-12 | Listed for rent | $1,100 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-19 | $1593.15 | -0.23% | $51,640 | N/A |
| 2023-04-19 | $1596.77 | 8.34% | $51,640 | 8.76% |
| 2022-04-19 | $1473.84 | 10.46% | $47,480 | 13.37% |
Listed by: TIM TIERNEY • RE/MAX Town and Country
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7562851
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