2427 Slate Mine Rd SEFairmountGA30139
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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
Total monthly income runs $1,832/mo, and a $3,492/mo payment. Purchase price stands at $713,400, and rental yield measures 3.08% with $1,832/mo rent. Return on cash invested shows 7.23% in year one, and 5% annual appreciation builds toward $197,099 over five years. Five-year ROI reaches 34.65% and total cumulative return in cash records $81,335. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,832/mo property income covering a $3,492/mo payment rather than investor’s personal income.
Single Family
Built in 2002
17.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30139, Fairmount, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,798 (100%) |
| Owner Occupied HU | 1,353 (75.3%) |
| Renter Occupied HU | 305 (17.0%) |
| Vacant Housing Units | 140 ( 7.8%) |
| Median Home Value | $306,410 |
| Average Home Value | $331,135 |
Housing Distribution
Address Breakdown
Residential
1,822
Single Family
1,822
Multi-Family
0
Businesses
88
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