2862 Melanie LnDouglasvilleGA30135
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 2862 Melanie Ln, Douglasville, GA, 30135 in Douglasville is narrow, $164/mo net on $1,729/mo rent after the $1,151/mo debt service, but the property operates at break-even-plus, not a loss. At $255,900 with a 8.11% yield, the long-run equity case via 5% appreciation ($70,700 over five years) and $2,357/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.50 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $107,995.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.8% |
| Monthly Cash Flow | $164 | $450 |
City averages based on Douglasville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,729 |
| Total Monthly Debt Service | $1,456 |
| DSCR Ratio | 1.19x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1983
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30135, Douglasville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,741 (100%) |
| Owner Occupied HU | 18,991 (73.8%) |
| Renter Occupied HU | 5,581 (21.7%) |
| Vacant Housing Units | 1,169 ( 4.5%) |
| Median Home Value | $356,942 |
| Average Home Value | $384,851 |
Housing Distribution
Address Breakdown
Residential
25,135
Single Family
23,164
Multi-Family
1,971
Businesses
1,046
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
Single Family
Built in 1983
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30135, Douglasville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,741 (100%) |
| Owner Occupied HU | 18,991 (73.8%) |
| Renter Occupied HU | 5,581 (21.7%) |
| Vacant Housing Units | 1,169 ( 4.5%) |
| Median Home Value | $356,942 |
| Average Home Value | $384,851 |
Housing Distribution
Address Breakdown
Residential
25,135
Single Family
23,164
Multi-Family
1,971
Businesses
1,046
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices