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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 Avondale Estates at 217 Cobblestone Trl, Avondale Estates, GA, 30002 priced at $206,000 converts $1,849/mo rent into $596/mo cash flow after a $1,008/mo obligation. Total monthly income equals $1,849/mo, and annual cash flow totals $7,146/yr on $68,289 invested. Return on cash invested prints 30.37% in year one, and rental yield reads 10.77% against a $206,000 entry. Equity gained on principal adds $1,329/yr, while 5% annual appreciation compiles into $56,914 by year five. Five-year ROI reaches 158.87% and total cumulative return in cash sums $108,488. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,849/mo property income covering a $1,008/mo payment, not borrower’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30002, Avondale Estates, GA area.
| 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 |
Residential
2,921
Single Family
2,805
Multi-Family
116
Businesses
273
Date | Event | Price |
|---|---|---|
| 2024-09-12 | Price change | $206,000 |
| 2024-08-29 | Price change | $208,000 |
| 2024-08-15 | Price change | $209,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Tanya Pickens • Opendoor Brokerage, LLC
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7367187
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