5354 Creekview WayMorrowGA30260
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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 Morrow at 5354 Creekview Way, Morrow, GA, 30260 offers $2,184/mo rent that, after a $1,186/mo payment, leaves $668/mo cash flow. Total monthly income is $2,184/mo, and annual cash flow is $8,012/yr on $80,322 cash. Return on cash invested measures 29.88% in year one, and rental yield stands at 10.82% at a $242,300 entry. Equity gained on principal adds $1,564/yr while 5% annual appreciation compounds into $66,943 by year five. Five-year ROI records 156.42% and total cumulative return in cash reaches $125,644. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,184/mo property income versus a $1,186/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2006
N/A lot
$N/A/sqft
$480 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30260, Morrow, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,745 (100%) |
| Owner Occupied HU | 4,749 (40.4%) |
| Renter Occupied HU | 5,964 (50.8%) |
| Vacant Housing Units | 1,032 ( 8.8%) |
| Median Home Value | $229,542 |
| Average Home Value | $261,335 |
Housing Distribution
Address Breakdown
Residential
9,613
Single Family
7,843
Multi-Family
1,770
Businesses
1,190
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Listed by: Dorothy L Brown • InHouse Realty Services
Mls Name: GAMLS
Mls Provider:
Mls ID: #10384121
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.