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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Fairburn at 3017 Meadow Glen Pass, Fairburn, GA, 30213 uses $84,864 cash to close to unlock $11,759/yr annual cash flow and $980/mo monthly cash flow. Total monthly income runs $2,538/mo, and a $1,253/mo payment keeps the spread at $980/mo. Purchase price stands at $256,000, and rental yield measures 11.9% with $2,538/mo rent. Return on cash invested shows 33.77% in year one, and 5% annual appreciation builds toward $70,728 over five years. Five-year ROI reaches 177.01% and total cumulative return in cash records $150,214. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,538/mo property income covering a $1,253/mo payment rather than investor’s personal income.
Single Family
Built in 1999
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30213, Fairburn, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,940 (100%) |
| Owner Occupied HU | 12,632 (63.4%) |
| Renter Occupied HU | 5,926 (29.7%) |
| Vacant Housing Units | 1,382 ( 6.9%) |
| Median Home Value | $334,936 |
| Average Home Value | $384,870 |
Residential
17,830
Single Family
15,764
Multi-Family
2,066
Businesses
919
Date | Event | Price |
|---|---|---|
| 2024-09-13 | Listed for sale | $256,000 |
| 2014-02-07 | Sold | $72,900 |
| 2013-12-11 | Pending sale | $69,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-15 | N/A | N/A | $95,640 | 24.14% |
| 2022-09-15 | N/A | N/A | $77,040 | 35.16% |
| 2021-09-15 | N/A | N/A | $57,000 | 2.81% |
Listed by: Scoot Mccullough • Coldwell Banker / Kennon, Parker, Duncan & Davis
Mls Name: CBORGA
Mls Provider:
Mls ID: #215973
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
