302 Gladstone DrMcDonoughGA30253
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
Rental property for sale in McDonough at 302 Gladstone Dr, McDonough, GA, 30253 priced at $263,000 converts $2,258/mo rent into after a $1,287/mo obligation. Total monthly income equals $2,258/mo. Return on cash invested prints -51.25% in year one, and rental yield reads 10.3% against a $263,000 entry. Equity gained on principal adds $1,697/yr, while 5% annual appreciation compiles into $72,662 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,258/mo property income covering a $1,287/mo payment, not borrower’s personal income.
Single Family
Built in 2006
N/A lot
$N/A/sqft
$5,700 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30253, Mcdonough, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,106 (100%) |
| Owner Occupied HU | 15,660 (57.8%) |
| Renter Occupied HU | 9,725 (35.9%) |
| Vacant Housing Units | 1,721 ( 6.3%) |
| Median Home Value | $351,029 |
| Average Home Value | $377,545 |
Housing Distribution
Address Breakdown
Residential
25,489
Single Family
21,503
Multi-Family
3,986
Businesses
2,528
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Listed by: CINDY JOHNSON • Atlanta Communities
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7601667
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