302 Gladstone DrMcDonoughGA30253
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 302 Gladstone Dr, McDonough, GA, 30253 in McDonough achieves a 1.91 ratio at $263,000: $2,258/mo rent versus $1,183/mo debt service. Rental yield 10.3%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 10.3% yield compounds alongside 5% annual appreciation projecting $72,662 in value.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 6.8% |
| Monthly Cash Flow | $(5,170) | $250 |
City averages based on McDonough market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,258 |
| Total Monthly Debt Service | $7,324 |
| DSCR Ratio | 0.31x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 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
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 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: CINDY JOHNSON • Atlanta Communities
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7601667
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