306 Augusta Dr SE #306MariettaGA30067
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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
Investment property for sale in Marietta at 306 Augusta Dr SE #306, Marietta, GA, 30067 uses $75,914 cash to close to unlock $8,329/yr annual cash flow and $694/mo monthly cash flow. Total monthly income runs $2,088/mo, and a $1,121/mo payment keeps the spread at $694/mo. Purchase price stands at $229,000, and rental yield measures 10.94% with $2,088/mo rent. Return on cash invested shows 30.88% in year one, and 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 161.61% and total cumulative return in cash records $122,681. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,088/mo property income covering a $1,121/mo payment rather than investor’s personal income.
Condo
Built in 1982
5,619 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30067, Marietta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,904 (100%) |
| Owner Occupied HU | 8,791 (38.4%) |
| Renter Occupied HU | 12,643 (55.2%) |
| Vacant Housing Units | 1,470 ( 6.4%) |
| Median Home Value | $490,670 |
| Average Home Value | $623,091 |
Housing Distribution
Address Breakdown
Residential
21,466
Single Family
12,700
Multi-Family
8,766
Businesses
1,939
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