412 Preakness LnMcDonoughGA30252
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 412 Preakness Ln, McDonough, GA, 30252 in McDonough hard to pass up. The 10.89% gross yield on a $369,900 purchase results in $3,356/mo in rent and $863/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.02). Annual cash flow of $10,359, five-year appreciation of $102,197, and $3,407/yr in equity build-up combine for a projected total cumulative return of $196,718.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 6.8% |
| Monthly Cash Flow | $863 | $250 |
City averages based on McDonough market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,356 |
| Total Monthly Debt Service | $2,346 |
| DSCR Ratio | 1.43x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Single Family
Built in 2006
8,712 sqft lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30252, Mcdonough, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,909 (100%) |
| Owner Occupied HU | 15,061 (84.1%) |
| Renter Occupied HU | 2,359 (13.2%) |
| Vacant Housing Units | 489 ( 2.7%) |
| Median Home Value | $379,896 |
| Average Home Value | $408,859 |
Housing Distribution
Address Breakdown
Residential
17,793
Single Family
17,530
Multi-Family
263
Businesses
305
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
Single Family
Built in 2006
8,712 sqft lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30252, Mcdonough, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,909 (100%) |
| Owner Occupied HU | 15,061 (84.1%) |
| Renter Occupied HU | 2,359 (13.2%) |
| Vacant Housing Units | 489 ( 2.7%) |
| Median Home Value | $379,896 |
| Average Home Value | $408,859 |
Housing Distribution
Address Breakdown
Residential
17,793
Single Family
17,530
Multi-Family
263
Businesses
305
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices