2802 Palm 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
Investment property for sale in East Pt at 2802 Palm Dr, East Pt, GA, 30344 earns $226/mo cash flow from $1,870/mo rent with a $1,322/mo payment. Total monthly income totals $1,870/mo, and annual cash flow totals $2,715/yr on $89,505 capital. ROI tracks 22.94% on current figures, and rental yield reads 8.31% at a $270,000 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 over five years. Five-year ROI reaches 119% and total cumulative return in cash sums $106,513. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,870/mo property income instead of your personal income.
Single Family
Built in 1940
7,013 sqft 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