228 Spalding Gates Dr #29Sandy SpringsGA30328
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
Investment Highlights
Investment property for sale in Sandy Springs at 228 Spalding Gates Dr #29, Sandy Springs, GA, 30328 listed at $699,000 pairs $4,717/mo rent with a $3,421/mo payment to leave $78/mo cash flow. Total monthly income runs $4,717/mo, and annual cash flow reaches $936/yr on $229,971 cash to close. Return on cash invested measures 20.47% in year one, and rental yield registers 8.1% at a $699,000 basis. Equity gained on principal adds $4,511/yr, and annual property appreciation at 5% supports $193,121 by year five. Five-year ROI tracks 106.41% and total cumulative return in cash totals $244,718. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,717/mo property income relative to a $3,421/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1992
3,397 sqft lot
$N/A/sqft
$385 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Cayce • Dorsey Alston Realtors
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7487766
Disclaimer: Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please [click here](https://www.fmls.com/dmca) to review our DMCA policy and learn how to submit a takedown request. 2024 First Multiple Listing Service, Inc. [Click here for more information](/info/mls-disclaimers/#mls_30)