351 Washington Ave #208MariettaGA30060
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingThere's a case for owning boring assets in strong markets. Rental yield 6.71%. It won't spike overnight, but it will produce quarter after quarter of U.S. dollar income with long-run appreciation. Ziffy Mortgage's DSCR loan removes U.S. income documentation barriers for non-residents. Five-year appreciation of $151,540 and $5,052/yr in equity build project total return of $145,613.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.7% | 5.8% |
| Monthly Cash Flow | $(1,016) | $285 |
City averages based on Marietta market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,065 |
| Total Monthly Debt Service | $3,863 |
| DSCR Ratio | 0.79x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Condo
Built in 2007
2,178 sqft lot
$N/A/sqft
$8,912 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30060, Marietta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,680 (100%) |
| Owner Occupied HU | 7,219 (46.0%) |
| Renter Occupied HU | 7,418 (47.3%) |
| Vacant Housing Units | 1,043 ( 6.7%) |
| Median Home Value | $355,679 |
| Average Home Value | $422,842 |
Housing Distribution
Address Breakdown
Residential
14,067
Single Family
12,411
Multi-Family
1,656
Businesses
2,201
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
Condo
Built in 2007
2,178 sqft lot
$N/A/sqft
$8,912 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30060, Marietta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,680 (100%) |
| Owner Occupied HU | 7,219 (46.0%) |
| Renter Occupied HU | 7,418 (47.3%) |
| Vacant Housing Units | 1,043 ( 6.7%) |
| Median Home Value | $355,679 |
| Average Home Value | $422,842 |
Housing Distribution
Address Breakdown
Residential
14,067
Single Family
12,411
Multi-Family
1,656
Businesses
2,201
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices