2612 Halligan PoinRiverdaleGA30296
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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 Riverdale at 2612 Halligan Poin, Riverdale, GA, 30296 priced at $219,990 converts $2,147/mo rent into $608/mo cash flow after a $1,077/mo obligation. Total monthly income equals $2,147/mo, and annual cash flow totals $7,300/yr on $72,927 invested. Return on cash invested prints 29.92% in year one, and rental yield reads 11.71% against a $219,990 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation compiles into $60,779 by year five. Five-year ROI reaches 157.62% and total cumulative return in cash sums $114,944. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,147/mo property income covering a $1,077/mo payment, not borrower’s personal income.
Townhouse
Built in 2005
2,090 sqft lot
$N/A/sqft
$60 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30296, Riverdale, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,496 (100%) |
| Owner Occupied HU | 6,582 (62.7%) |
| Renter Occupied HU | 3,353 (31.9%) |
| Vacant Housing Units | 561 ( 5.3%) |
| Median Home Value | $259,065 |
| Average Home Value | $275,536 |
Housing Distribution
Address Breakdown
Residential
10,063
Single Family
9,736
Multi-Family
327
Businesses
399
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Listed by: Shonnie Alridge • EXP Realty, LLC.
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7456449
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