2460 Washington Street ExtAustellGA30106
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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
Rental property for sale in Austell at 2460 Washington Street Ext, Austell, GA, 30106 priced at $337,300 converts $2,375/mo rent into $322/mo cash flow after a $1,651/mo obligation. Total monthly income equals $2,375/mo, and annual cash flow totals $3,865/yr on $111,815 invested. Return on cash invested prints 23.37% in year one, and rental yield reads 8.45% against a $337,300 entry. Equity gained on principal adds $2,177/yr, while 5% annual appreciation compiles into $93,190 by year five. Five-year ROI reaches 121.27% and total cumulative return in cash sums $135,599. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,375/mo property income covering a $1,651/mo payment, not borrower’s personal income.
Multi Family
Built in 1988
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30106, Austell, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,541 (100%) |
| Owner Occupied HU | 5,355 (56.1%) |
| Renter Occupied HU | 3,690 (38.7%) |
| Vacant Housing Units | 496 ( 5.2%) |
| Median Home Value | $318,041 |
| Average Home Value | $340,644 |
Housing Distribution
Address Breakdown
Residential
8,896
Single Family
6,938
Multi-Family
1,958
Businesses
709
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