351 Washington Ave #208MariettaGA30060
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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 Marietta at 351 Washington Ave #208, Marietta, GA, 30060 offers a 6.71% rental yield on a $548,500 purchase with $3,065/mo rent. 3% in year one. Equity gained on principal adds $3,539/yr while 5% annual appreciation supports $151,540 over five years. Portfolio math shows five-year ROI at 69.03% and total cumulative return in cash at $124,567. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,065/mo property income against a $2,685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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
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Listed by: Paige Smith Mamula • Atlanta Communities
Mls Name: GAMLS
Mls Provider:
Mls ID: #10429358
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.