312 Ridgecreek DrClarkstonGA30021
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 Clarkston at 312 Ridgecreek Dr, Clarkston, GA, 30021 priced at $150,000 converts $1,131/mo rent into $218/mo cash flow after a $734/mo obligation. Total monthly income equals $1,131/mo, and annual cash flow totals $2,619/yr on $49,725 invested. Return on cash invested prints 25.18% in year one, and rental yield reads 9.05% against a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation compiles into $41,442 by year five. Five-year ROI reaches 131.05% and total cumulative return in cash sums $65,166. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,131/mo property income covering a $734/mo payment, not borrower’s personal income.
Condo
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30021, Clarkston, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,328 (100%) |
| Owner Occupied HU | 2,163 (26.0%) |
| Renter Occupied HU | 5,613 (67.4%) |
| Vacant Housing Units | 552 ( 6.6%) |
| Median Home Value | $300,454 |
| Average Home Value | $411,053 |
Housing Distribution
Address Breakdown
Residential
8,523
Single Family
5,456
Multi-Family
3,067
Businesses
435
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices