2460 Washington Street ExtAustellGA30106
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 2460 Washington Street Ext, Austell, GA, 30106 in Austell. At $337,300 it earns $2,375/mo in rent and distributes $322/mo to the owner after the $1,517/mo payment, a consistent 8.45% yield. DSCR 1.57 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $93,190 in value; $3,107/yr in principal paydown compounds ownership stake. Total projected return: $148,501.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 7.0% |
| Monthly Cash Flow | $322 | $300 |
City averages based on Austell market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,375 |
| Total Monthly Debt Service | $1,919 |
| DSCR Ratio | 1.24x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices