2970 Harper Valley DrCollege ParkGA30349
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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
Rental property for sale in College Park at 2970 Harper Valley Dr, College Park, GA, 30349 priced at $260,000 converts $1,770/mo rent into $187/mo cash flow after a $1,273/mo obligation. Total monthly income equals $1,770/mo, and annual cash flow totals $2,246/yr on $86,190 invested. Return on cash invested prints 22.51% in year one, and rental yield reads 8.17% against a $260,000 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation compiles into $71,833 by year five. Five-year ROI reaches 116.72% and total cumulative return in cash sums $100,601. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,770/mo property income covering a $1,273/mo payment, not borrower’s personal income.
Single Family
Built in 1974
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30349, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,822 (100%) |
| Owner Occupied HU | 18,162 (52.2%) |
| Renter Occupied HU | 14,301 (41.1%) |
| Vacant Housing Units | 2,359 ( 6.8%) |
| Median Home Value | $294,392 |
| Average Home Value | $354,094 |
Housing Distribution
Address Breakdown
Residential
33,665
Single Family
27,302
Multi-Family
6,363
Businesses
1,816
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Listed by: Chipo Usore • Keller Williams Realty North Atlanta
Mls Name: GAMLS
Mls ID: #10616610