44 Mount Vernon CirSandy SpringsGA30338
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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 Sandy Springs at 44 Mount Vernon Cir, Sandy Springs, GA, 30338 offers $2,803/mo rent that, after a $1,835/mo payment, leaves $521/mo cash flow. Total monthly income is $2,803/mo, and annual cash flow is $6,253/yr on $124,313 cash. Return on cash invested measures 24.94% in year one, and rental yield stands at 8.97% at a $375,000 entry. Equity gained on principal adds $2,420/yr while 5% annual appreciation compounds into $103,606 by year five. Five-year ROI records 129.72% and total cumulative return in cash reaches $161,259. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,803/mo property income versus a $1,835/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1985
1,350 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30338, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,241 (100%) |
| Owner Occupied HU | 9,602 (59.1%) |
| Renter Occupied HU | 5,630 (34.7%) |
| Vacant Housing Units | 1,009 ( 6.2%) |
| Median Home Value | $585,331 |
| Average Home Value | $613,169 |
Housing Distribution
Address Breakdown
Residential
15,359
Single Family
9,076
Multi-Family
6,283
Businesses
948
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Listed by: Laura Najour • HomeSmart
Mls Name: GAMLS
Mls ID: #10576954