230 Mels WayStockbridgeGA30281
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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
Rental property for sale in Stockbridge at 230 Mels Way, Stockbridge, GA, 30281 priced at $315,000 converts $2,770/mo rent into $853/mo cash flow after a $1,542/mo obligation. Total monthly income equals $2,770/mo, and annual cash flow totals $10,231/yr on $104,423 invested. Return on cash invested prints 29.71% in year one, and rental yield reads 10.55% against a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation compiles into $87,029 by year five. Five-year ROI reaches 155.26% and total cumulative return in cash sums $162,125. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,770/mo property income covering a $1,542/mo payment, not borrower’s personal income.
Single Family
Built in 2001
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30281, Stockbridge, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,326 (100%) |
| Owner Occupied HU | 17,452 (61.6%) |
| Renter Occupied HU | 9,452 (33.4%) |
| Vacant Housing Units | 1,422 ( 5.0%) |
| Median Home Value | $313,465 |
| Average Home Value | $326,693 |
Housing Distribution
Address Breakdown
Residential
27,619
Single Family
22,882
Multi-Family
4,737
Businesses
2,392
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Listed by: Pilar Brito • Keller Williams Realty Atl. Partners
Mls Name: GAMLS
Mls ID: #10652106