3446 Richmond Dr SEConyersGA30094
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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 Conyers at 3446 Richmond Dr SE, Conyers, GA, 30094 offers a 10.04% rental yield on a $284,900 purchase with $2,384/mo rent. Total monthly income registers $2,384/mo, and a $1,394/mo payment leaves $650/mo available for distribution. Annual cash flow reaches $7,806/yr on $94,444 to close, and return on cash invested stands at 28.17% in year one. Equity gained on principal adds $1,838/yr while 5% annual appreciation supports $78,713 over five years. Portfolio math shows five-year ROI at 147.04% and total cumulative return in cash at $138,875. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,384/mo property income against a $1,394/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30094, Conyers, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,993 (100%) |
| Owner Occupied HU | 9,806 (75.5%) |
| Renter Occupied HU | 2,471 (19.0%) |
| Vacant Housing Units | 716 ( 5.5%) |
| Median Home Value | $293,317 |
| Average Home Value | $323,805 |
Housing Distribution
Address Breakdown
Residential
12,517
Single Family
11,804
Multi-Family
713
Businesses
535
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