346 Summer DrGayGA30218
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow346 Summer Dr, Gay, GA, 30218 in Gay earns its strong cash-flow label: 14.37% yield, $3,293/mo rent, $1,620/mo net income, DSCR 2.66. The $274,900 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $75,950 by year five. Combined with $2,532/yr in principal paydown, total projected return reaches $208,398.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.4% | 6.2% |
| Monthly Cash Flow | $1,620 | $250 |
City averages based on Gay market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,293 |
| Total Monthly Debt Service | $1,564 |
| DSCR Ratio | 2.11x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2000
2.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30218, Gay, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 882 (100%) |
| Owner Occupied HU | 694 (78.7%) |
| Renter Occupied HU | 106 (12.0%) |
| Vacant Housing Units | 82 ( 9.3%) |
| Median Home Value | $233,571 |
| Average Home Value | $251,308 |
Housing Distribution
Address Breakdown
Residential
770
Single Family
770
Multi-Family
0
Businesses
51
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
Single Family
Built in 2000
2.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30218, Gay, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 882 (100%) |
| Owner Occupied HU | 694 (78.7%) |
| Renter Occupied HU | 106 (12.0%) |
| Vacant Housing Units | 82 ( 9.3%) |
| Median Home Value | $233,571 |
| Average Home Value | $251,308 |
Housing Distribution
Address Breakdown
Residential
770
Single Family
770
Multi-Family
0
Businesses
51
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices