315 Lake Royale PlRiverdaleGA30296
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
Investment property for sale in Riverdale at 315 Lake Royale Pl, Riverdale, GA, 30296 at $249,900 posts ROI 33.53% with $940/mo cash flow from $2,461/mo rent. Total monthly income equals $2,461/mo, and annual cash flow records $11,282/yr on $82,842 to close. Return on cash invested measures 33.53% and rental yield reads 11.82% at the current $249,900. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 by year five. Five-year ROI prints 175.78% and total cumulative return in cash totals $145,622.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,461/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2001
8,363 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30296, Riverdale, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,496 (100%) |
| Owner Occupied HU | 6,582 (62.7%) |
| Renter Occupied HU | 3,353 (31.9%) |
| Vacant Housing Units | 561 ( 5.3%) |
| Median Home Value | $259,065 |
| Average Home Value | $275,536 |
Housing Distribution
Address Breakdown
Residential
10,063
Single Family
9,736
Multi-Family
327
Businesses
399
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