431 Pilgrim LnPowder SpringsGA30127
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
Investment Highlights
Rental property for sale in Powder Springs at 431 Pilgrim Ln, Powder Springs, GA, 30127 priced at $269,000 converts $2,009/mo rent into $371/mo cash flow after a $1,317/mo obligation. Total monthly income equals $2,009/mo, and annual cash flow totals $4,457/yr on $89,174 invested. Return on cash invested prints 24.91% in year one, and rental yield reads 8.96% against a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation compiles into $74,320 by year five. Five-year ROI reaches 129.52% and total cumulative return in cash sums $115,499. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,009/mo property income covering a $1,317/mo payment, not borrower’s personal income.
Single Family
Built in 1988
2.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30127, Powder Springs, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,248 (100%) |
| Owner Occupied HU | 20,885 (82.7%) |
| Renter Occupied HU | 3,527 (14.0%) |
| Vacant Housing Units | 836 ( 3.3%) |
| Median Home Value | $391,963 |
| Average Home Value | $449,679 |
Housing Distribution
Address Breakdown
Residential
24,430
Single Family
24,286
Multi-Family
144
Businesses
1,083
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Corena Francis • Real Broker, LLC.
Mls Name: FMLS GA
Mls ID: #7675244