340 Lee StForest ParkGA30297
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 Forest Park at 340 Lee St, Forest Park, GA, 30297 priced at $185,000 pairs $1,847/mo rent with $722/mo cash flow after a $905/mo payment. Total monthly income equals $1,847/mo, and annual cash flow comes to $8,658/yr on $61,328 invested. Return on cash invested is 34.03% in year one, and rental yield stands at 11.98% on a $185,000 basis. Equity gained on principal adds $1,194/yr, and 5% annual appreciation accumulates to $51,112 by year five. Five-year ROI measures 178.46% and total cumulative return in cash reaches $109,443. For financing, Ziffy Mortgage’s DSCR program evaluates $1,847/mo property income against a $905/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1957
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30297, Forest Park, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,131 (100%) |
| Owner Occupied HU | 4,144 (37.2%) |
| Renter Occupied HU | 6,226 (55.9%) |
| Vacant Housing Units | 761 ( 6.8%) |
| Median Home Value | $150,470 |
| Average Home Value | $173,494 |
Housing Distribution
Address Breakdown
Residential
10,148
Single Family
9,133
Multi-Family
1,015
Businesses
1,163
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ginna DeLaPena • Virtual Properties Realty.com
Mls Name: FMLS GA
Mls ID: #7659497