3506 Summitridge DrDoravilleGA30340
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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
Rental property for sale in Doraville at 3506 Summitridge Dr, Doraville, GA, 30340 priced at $525,000 converts $4,982/mo rent into $1,786/mo cash flow after a $2,570/mo obligation. Total monthly income equals $4,982/mo, and annual cash flow totals $21,436/yr on $172,725 invested. Return on cash invested prints 32.47% in year one, and rental yield reads 11.39% against a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation compiles into $145,048 by year five. Five-year ROI reaches 170.05% and total cumulative return in cash sums $293,721. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,982/mo property income covering a $2,570/mo payment, not borrower’s personal income.
Single Family
Built in 1971
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30340, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,980 (100%) |
| Owner Occupied HU | 4,628 (38.6%) |
| Renter Occupied HU | 6,678 (55.7%) |
| Vacant Housing Units | 674 ( 5.6%) |
| Median Home Value | $369,526 |
| Average Home Value | $387,886 |
Housing Distribution
Address Breakdown
Residential
11,471
Single Family
7,962
Multi-Family
3,509
Businesses
1,948
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Listed by: Meg Councilman • Berkshire Hathaway HomeServices Georgia Properties
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7450885
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