2596 Connally DrEast PtGA30344
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
Rental property for sale in East Pt at 2596 Connally Dr, East Pt, GA, 30344 generates $1,442/mo in rent and, after a $881/mo payment, leaves $347/mo in cash flow. Total monthly income is $1,442/mo, and annual cash flow is $4,158/yr on $59,670 invested. Return on cash invested sits at 26.88% in year one, and rental yield is 9.61% on a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 140.12% and total cumulative return in cash sums $83,609. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,442/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30344, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,237 (100%) |
| Owner Occupied HU | 6,648 (38.6%) |
| Renter Occupied HU | 8,912 (51.7%) |
| Vacant Housing Units | 1,677 ( 9.7%) |
| Median Home Value | $284,435 |
| Average Home Value | $313,393 |
Housing Distribution
Address Breakdown
Residential
15,573
Single Family
13,832
Multi-Family
1,741
Businesses
1,095
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices