3696 Myrtle StCollege ParkGA30337
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 3696 Myrtle St, College Park, GA, 30337 in College Park is capital appreciation. Rental yield 0.86%. The 0.86% gross yield at $1,900,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $524,935 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.16) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $63,342.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0.9% | 8.0% |
| Monthly Cash Flow | $(10,198) | $300 |
City averages based on College Park market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,366 |
| Total Monthly Debt Service | $10,808 |
| DSCR Ratio | 0.13x |
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.
Multi Family
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30337, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,368 (100%) |
| Owner Occupied HU | 2,079 (32.6%) |
| Renter Occupied HU | 3,681 (57.8%) |
| Vacant Housing Units | 608 ( 9.5%) |
| Median Home Value | $382,388 |
| Average Home Value | $457,513 |
Housing Distribution
Address Breakdown
Residential
5,830
Single Family
5,557
Multi-Family
273
Businesses
799
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
Multi Family
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30337, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,368 (100%) |
| Owner Occupied HU | 2,079 (32.6%) |
| Renter Occupied HU | 3,681 (57.8%) |
| Vacant Housing Units | 608 ( 9.5%) |
| Median Home Value | $382,388 |
| Average Home Value | $457,513 |
Housing Distribution
Address Breakdown
Residential
5,830
Single Family
5,557
Multi-Family
273
Businesses
799
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices