408 Park Ridge CirRiverdaleGA30274
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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 Riverdale at 408 Park Ridge Cir, Riverdale, GA, 30274 with 5% annual appreciation on a $240,000 basis while $1,918/mo rent supports operations. Total monthly income totals $1,918/mo and a $1,175/mo payment preserves $457/mo for cash returns. Annual cash flow comes to $5,484/yr on $79,560 deployed, and return on cash invested reaches 26.8% in year one. Equity gained on principal adds $1,549/yr, and five-year appreciation sums $66,308 alongside rental yield of 9.59%. Five-year ROI measures 139.67% and total cumulative return in cash totals $111,122.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,918/mo property income versus a $1,175/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1981
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30274, Riverdale, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,402 (100%) |
| Owner Occupied HU | 5,652 (42.2%) |
| Renter Occupied HU | 6,987 (52.1%) |
| Vacant Housing Units | 763 ( 5.7%) |
| Median Home Value | $192,145 |
| Average Home Value | $220,868 |
Housing Distribution
Address Breakdown
Residential
12,803
Single Family
10,463
Multi-Family
2,340
Businesses
1,038
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