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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 McDonough at 303 Snapping Shoals Rd, McDonough, GA, 30252 uses $107,704 cash to close to unlock $5,790/yr annual cash flow and $482/mo monthly cash flow. Total monthly income runs $2,500/mo, and a $1,590/mo payment keeps the spread at $482/mo. Purchase price stands at $324,900, and rental yield measures 9.23% with $2,500/mo rent. Return on cash invested shows 25.28% in year one, and 5% annual appreciation builds toward $89,764 over five years. Five-year ROI reaches 131.72% and total cumulative return in cash records $141,869. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,500/mo property income covering a $1,590/mo payment rather than investor’s personal income.
Single Family
Built in 2000
3.15 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30252, Mcdonough, GA area.
| 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 |
Residential
17,793
Single Family
17,530
Multi-Family
263
Businesses
305
Date | Event | Price |
|---|---|---|
| 2024-11-08 | Price change | $324,900 |
| 2024-10-11 | Listed for sale | $329,900 |
| 2017-04-17 | Sold | $152,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-15 | $3180.19 | 3.82% | $120,880 | 27.83% |
| 2022-11-15 | $3063.28 | 12.69% | $94,560 | 18.26% |
| 2021-11-15 | $2718.31 | -2.93% | $79,960 | 11.12% |
Listed by: Cindy Carter • Blue Door Associates, LLC
Mls Name: GAMLS
Mls Provider:
Mls ID: #10394079
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.
