2940 E Lake RdMcDonoughGA30252
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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 McDonough at 2940 E Lake Rd, McDonough, GA, 30252 earns $768/mo cash flow from $6,775/mo rent with a $4,831/mo payment. Total monthly income totals $6,775/mo, and annual cash flow totals $9,214/yr on $324,723 capital. ROI tracks 22.9% on current figures, and rental yield reads 8.24% at a $987,000 purchase. Equity gained on principal adds $6,369/yr, and 5% annual appreciation supports $272,690 over five years. Five-year ROI reaches 118.7% and total cumulative return in cash sums $385,430. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,775/mo property income instead of your personal income.
Single Family
Built in 1983
11.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30252, Mcdonough, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,909 (100%) |
| Owner Occupied HU | 15,061 (84.1%) |
| Renter Occupied HU | 2,359 (13.2%) |
| Vacant Housing Units | 489 ( 2.7%) |
| Median Home Value | $379,896 |
| Average Home Value | $408,859 |
Housing Distribution
Address Breakdown
Residential
17,793
Single Family
17,530
Multi-Family
263
Businesses
305
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