217 Cobblestone Trl #217Avondale EstatesGA30002
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 217 Cobblestone Trl #217, Avondale Estates, GA, 30002 in Avondale Estates hard to pass up. The 10.77% gross yield on a $206,000 purchase results in $1,849/mo in rent and $595/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.00). Annual cash flow of $7,145, five-year appreciation of $56,914, and $1,897/yr in equity build-up combine for a projected total cumulative return of $116,377.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 6.5% |
| Monthly Cash Flow | $595 | $300 |
City averages based on Avondale Estates market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,849 |
| Total Monthly Debt Service | $1,172 |
| DSCR Ratio | 1.58x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30002, Avondale Estates, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,715 (100%) |
| Owner Occupied HU | 1,629 (60.0%) |
| Renter Occupied HU | 945 (34.8%) |
| Vacant Housing Units | 141 ( 5.2%) |
| Median Home Value | $549,705 |
| Average Home Value | $560,537 |
Housing Distribution
Address Breakdown
Residential
2,921
Single Family
2,805
Multi-Family
116
Businesses
273
Nearby investment properties with comparable rents
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
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30002, Avondale Estates, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,715 (100%) |
| Owner Occupied HU | 1,629 (60.0%) |
| Renter Occupied HU | 945 (34.8%) |
| Vacant Housing Units | 141 ( 5.2%) |
| Median Home Value | $549,705 |
| Average Home Value | $560,537 |
Housing Distribution
Address Breakdown
Residential
2,921
Single Family
2,805
Multi-Family
116
Businesses
273
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices