2451 Garnet AveRiverdaleGA30296
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Riverdale at 2451 Garnet Ave, Riverdale, GA, 30296 at $295,000 posts ROI 27.31% with $603/mo cash flow from $2,428/mo rent. Total monthly income equals $2,428/mo, and annual cash flow records $7,239/yr on $97,793 to close. Return on cash invested measures 27.31% and rental yield reads 9.88% at the current $295,000. Equity gained on principal adds $1,904/yr, and 5% annual appreciation supports $81,503 by year five. Five-year ROI prints 142.57% and total cumulative return in cash totals $139,418.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,428/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2006
8,842 sqft lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30296, Riverdale, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,496 (100%) |
| Owner Occupied HU | 6,582 (62.7%) |
| Renter Occupied HU | 3,353 (31.9%) |
| Vacant Housing Units | 561 ( 5.3%) |
| Median Home Value | $259,065 |
| Average Home Value | $275,536 |
Housing Distribution
Address Breakdown
Residential
10,063
Single Family
9,736
Multi-Family
327
Businesses
399
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Listed by: Kimberly A Yates • Yates Estates GA, LLC
Mls Name: GAMLS
Mls Provider:
Mls ID: #10354791
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.