245 Fenwick CirMcDonoughGA30253
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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 McDonough at 245 Fenwick Cir, McDonough, GA, 30253 uses $113,373 cash to close to unlock $13,913/yr annual cash flow and $1,159/mo monthly cash flow. Total monthly income runs $3,241/mo, and a $1,674/mo payment keeps the spread at $1,159/mo. Purchase price stands at $342,000, and rental yield measures 11.37% with $3,241/mo rent. Return on cash invested shows 32.18% in year one, and 5% annual appreciation builds toward $94,488 over five years. Five-year ROI reaches 168.53% and total cumulative return in cash records $191,062. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,241/mo property income covering a $1,674/mo payment rather than investor’s personal income.
Condo
Built in 2019
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30253, Mcdonough, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,106 (100%) |
| Owner Occupied HU | 15,660 (57.8%) |
| Renter Occupied HU | 9,725 (35.9%) |
| Vacant Housing Units | 1,721 ( 6.3%) |
| Median Home Value | $351,029 |
| Average Home Value | $377,545 |
Housing Distribution
Address Breakdown
Residential
25,489
Single Family
21,503
Multi-Family
3,986
Businesses
2,528
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