4990 Ash StForest ParkGA30297
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 Forest Park at 4990 Ash St, Forest Park, GA, 30297 priced at $173,000 converts $1,693/mo rent into $640/mo cash flow after a $847/mo obligation. Total monthly income equals $1,693/mo, and annual cash flow totals $7,678/yr on $57,350 invested. Return on cash invested prints 33.3% in year one, and rental yield reads 11.74% against a $173,000 entry. Equity gained on principal adds $1,116/yr, while 5% annual appreciation compiles into $47,797 by year five. Five-year ROI reaches 174.51% and total cumulative return in cash sums $100,083. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,693/mo property income covering a $847/mo payment, not borrower’s personal income.
Single Family
Built in 1947
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30297, Forest Park, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,131 (100%) |
| Owner Occupied HU | 4,144 (37.2%) |
| Renter Occupied HU | 6,226 (55.9%) |
| Vacant Housing Units | 761 ( 6.8%) |
| Median Home Value | $150,470 |
| Average Home Value | $173,494 |
Housing Distribution
Address Breakdown
Residential
10,148
Single Family
9,133
Multi-Family
1,015
Businesses
1,163
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Linda A. McIntosh • BHGRE Metro Brokers
Mls Name: GAMLS
Mls Provider:
Mls ID: #10228438
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.