3106 Steinbeck WayEast PointGA30344
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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 East Point at 3106 Steinbeck Way, East Point, GA, 30344 listed at $423,190 pairs $3,480/mo rent with a $2,071/mo payment to leave $857/mo cash flow. Total monthly income runs $3,480/mo, and annual cash flow reaches $10,281/yr on $140,287 cash to close. Return on cash invested measures 27.24% in year one, and rental yield registers 9.87% at a $423,190 basis. Equity gained on principal adds $2,731/yr, and annual property appreciation at 5% supports $116,920 by year five. Five-year ROI tracks 142.15% and total cumulative return in cash totals $199,417. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,480/mo property income relative to a $2,071/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
9,147 sqft lot
$N/A/sqft
$575 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30344, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,237 (100%) |
| Owner Occupied HU | 6,648 (38.6%) |
| Renter Occupied HU | 8,912 (51.7%) |
| Vacant Housing Units | 1,677 ( 9.7%) |
| Median Home Value | $284,435 |
| Average Home Value | $313,393 |
Housing Distribution
Address Breakdown
Residential
15,573
Single Family
13,832
Multi-Family
1,741
Businesses
1,095
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Listed by: Janet Todd • Rockhaven Realty, LLC
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7446934
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