505 Chipwood CtMcDonoughGA30253
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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 McDonough at 505 Chipwood Ct, McDonough, GA, 30253 priced at $392,500 pairs $3,551/mo rent with $1,162/mo cash flow after a $1,921/mo payment. Total monthly income equals $3,551/mo, and annual cash flow comes to $13,947/yr on $130,114 invested. Return on cash invested is 30.63% in year one, and rental yield stands at 10.86% on a $392,500 basis. Equity gained on principal adds $2,533/yr, and 5% annual appreciation accumulates to $108,441 by year five. Five-year ROI measures 160.21% and total cumulative return in cash reaches $208,453. For financing, Ziffy Mortgage’s DSCR program evaluates $3,551/mo property income against a $1,921/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30253, Mcdonough, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,106 (100%) |
| Owner Occupied HU | 15,660 (57.8%) |
| Renter Occupied HU | 9,725 (35.9%) |
| Vacant Housing Units | 1,721 ( 6.3%) |
| Median Home Value | $351,029 |
| Average Home Value | $377,545 |
Housing Distribution
Address Breakdown
Residential
25,489
Single Family
21,503
Multi-Family
3,986
Businesses
2,528
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