3551 Northgate CvEllenwoodGA30294
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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 Ellenwood at 3551 Northgate Cv, Ellenwood, GA, 30294 priced at $296,400 converts $2,664/mo rent into $705/mo cash flow after a $1,451/mo obligation. Total monthly income equals $2,664/mo, and annual cash flow totals $8,459/yr on $98,257 invested. Return on cash invested prints 28.52% in year one, and rental yield reads 10.79% against a $296,400 entry. Equity gained on principal adds $1,913/yr, while 5% annual appreciation compiles into $81,890 by year five. Five-year ROI reaches 149.56% and total cumulative return in cash sums $146,950. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,664/mo property income covering a $1,451/mo payment, not borrower’s personal income.
Single Family
Built in 2000
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30294, Ellenwood, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,237 (100%) |
| Owner Occupied HU | 11,663 (76.5%) |
| Renter Occupied HU | 2,964 (19.5%) |
| Vacant Housing Units | 610 ( 4.0%) |
| Median Home Value | $291,468 |
| Average Home Value | $354,414 |
Housing Distribution
Address Breakdown
Residential
15,511
Single Family
14,965
Multi-Family
546
Businesses
548
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