4701 Flat Shoals Rd UNIT 59FUnion CityGA30291
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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 Union City at 4701 Flat Shoals Rd UNIT 59F, Union City, GA, 30291 uses $41,438 cash to close to unlock $10,860/yr annual cash flow and $905/mo monthly cash flow. Total monthly income runs $1,956/mo, and a $612/mo payment keeps the spread at $905/mo. Purchase price stands at $125,000, and rental yield measures 18.78% with $1,956/mo rent. Return on cash invested shows 46.12% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 246.43% and total cumulative return in cash records $102,113. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,956/mo property income covering a $612/mo payment rather than investor’s personal income.
Condo
Built in 1972
1,350 sqft lot
$N/A/sqft
$3,480 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30291, Union City, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,880 (100%) |
| Owner Occupied HU | 5,359 (49.3%) |
| Renter Occupied HU | 4,872 (44.8%) |
| Vacant Housing Units | 649 ( 6.0%) |
| Median Home Value | $274,648 |
| Average Home Value | $317,323 |
Housing Distribution
Address Breakdown
Residential
10,618
Single Family
7,755
Multi-Family
2,863
Businesses
599
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Listed by: Cicile McDaniel • eXp Realty
Mls Name: GAMLS
Mls Provider:
Mls ID: #10378580
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.