2367 Ridgeway AveCollege ParkGA30337
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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 College Park at 2367 Ridgeway Ave, College Park, GA, 30337 listed at $649,900 pairs $3,828/mo rent with a $3,181/mo payment. Total monthly income runs $3,828/mo. Return on cash invested measures 19.34% in year one, and rental yield registers 7.07% at a $649,900 basis. Equity gained on principal adds $4,194/yr, and annual property appreciation at 5% supports $179,555 by year five. Five-year ROI tracks 99.65% and total cumulative return in cash totals $213,078. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,828/mo property income relative to a $3,181/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1949
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30337, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,368 (100%) |
| Owner Occupied HU | 2,079 (32.6%) |
| Renter Occupied HU | 3,681 (57.8%) |
| Vacant Housing Units | 608 ( 9.5%) |
| Median Home Value | $382,388 |
| Average Home Value | $457,513 |
Housing Distribution
Address Breakdown
Residential
5,830
Single Family
5,557
Multi-Family
273
Businesses
799
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Listed by: Alicia Rylander • Keller Williams Realty Metro Atlanta
Mls Name: FMLS GA
Mls ID: #7594577