2589 Watercrest CtEllenwoodGA30294
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 Ellenwood at 2589 Watercrest Ct, Ellenwood, GA, 30294 earns $239/mo cash flow from $1,852/mo rent with a $1,297/mo payment. Total monthly income totals $1,852/mo, and annual cash flow totals $2,872/yr on $87,814 capital. ROI tracks 23.18% on current figures, and rental yield reads 8.39% at a $264,900 purchase. Equity gained on principal adds $1,709/yr, and 5% annual appreciation supports $73,187 over five years. Five-year ROI reaches 120.28% and total cumulative return in cash sums $105,620. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,852/mo property income instead of your personal income.
Single Family
Built in 1992
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30294, Ellenwood, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,237 (100%) |
| Owner Occupied HU | 11,663 (76.5%) |
| Renter Occupied HU | 2,964 (19.5%) |
| Vacant Housing Units | 610 ( 4.0%) |
| Median Home Value | $291,468 |
| Average Home Value | $354,414 |
Housing Distribution
Address Breakdown
Residential
15,511
Single Family
14,965
Multi-Family
546
Businesses
548
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices