2306 Old Lower River RdDouglasvilleGA30135
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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
Investment property for sale in Douglasville at 2306 Old Lower River Rd, Douglasville, GA, 30135 uses $66,267 cash to close to unlock $9,225/yr annual cash flow and $769/mo monthly cash flow. Total monthly income runs $1,985/mo, and a $978/mo payment keeps the spread at $769/mo. Purchase price stands at $199,900, and rental yield measures 11.92% with $1,985/mo rent. Return on cash invested shows 33.83% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 177.36% and total cumulative return in cash records $117,529. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,985/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30135, Douglasville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,741 (100%) |
| Owner Occupied HU | 18,991 (73.8%) |
| Renter Occupied HU | 5,581 (21.7%) |
| Vacant Housing Units | 1,169 ( 4.5%) |
| Median Home Value | $356,942 |
| Average Home Value | $384,851 |
Housing Distribution
Address Breakdown
Residential
25,135
Single Family
23,164
Multi-Family
1,971
Businesses
1,046
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Listed by: Brande Smith • Market South Properties, Inc.
Mls Name: FMLS GA
Mls ID: #7657177