507 Countryside LnSmyrnaGA30080
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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 Smyrna at 507 Countryside Ln, Smyrna, GA, 30080 priced at $229,900 converts $2,071/mo rent into $375/mo cash flow after a $1,125/mo obligation. Total monthly income equals $2,071/mo, and annual cash flow totals $4,500/yr on $76,212 invested. Return on cash invested prints 25.81% in year one, and rental yield reads 10.81% against a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,517 by year five. Five-year ROI reaches 136.14% and total cumulative return in cash sums $103,751. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,071/mo property income covering a $1,125/mo payment, not borrower’s personal income.
Condo
Built in 1983
5,723 sqft lot
$N/A/sqft
$297 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30080, Smyrna, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,418 (100%) |
| Owner Occupied HU | 12,282 (44.8%) |
| Renter Occupied HU | 13,356 (48.7%) |
| Vacant Housing Units | 1,780 ( 6.5%) |
| Median Home Value | $480,078 |
| Average Home Value | $526,366 |
Housing Distribution
Address Breakdown
Residential
26,718
Single Family
19,166
Multi-Family
7,552
Businesses
1,511
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Listed by: Etan Levine • Keller Williams Realty Peachtree Rd.
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7505515
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