256 Olde Oaks LnRiverdaleGA30274
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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 Riverdale at 256 Olde Oaks Ln, Riverdale, GA, 30274 uses $62,654 cash to close to unlock $4,953/yr annual cash flow and $413/mo monthly cash flow. Total monthly income runs $1,663/mo, and a $925/mo payment keeps the spread at $413/mo. Purchase price stands at $189,000, and rental yield measures 10.56% with $1,663/mo rent. Return on cash invested shows 27.81% in year one, and 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 145.79% and total cumulative return in cash records $91,342. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,663/mo property income covering a $925/mo payment rather than investor’s personal income.
Condo
Built in 1988
3,789 sqft lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30274, Riverdale, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,402 (100%) |
| Owner Occupied HU | 5,652 (42.2%) |
| Renter Occupied HU | 6,987 (52.1%) |
| Vacant Housing Units | 763 ( 5.7%) |
| Median Home Value | $192,145 |
| Average Home Value | $220,868 |
Housing Distribution
Address Breakdown
Residential
12,803
Single Family
10,463
Multi-Family
2,340
Businesses
1,038
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Listed by: Evadney Bell • BHGRE Metro Brokers
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7538525
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