551 Barnes Mill DrMariettaGA30062
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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 Marietta at 551 Barnes Mill Dr, Marietta, GA, 30062 uses $89,505 cash to close to unlock $2,355/yr annual cash flow and $196/mo monthly cash flow. Total monthly income runs $1,840/mo, and a $1,322/mo payment keeps the spread at $196/mo. Purchase price stands at $270,000, and rental yield measures 8.18% with $1,840/mo rent. Return on cash invested shows 22.54% in year one, and 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 116.84% and total cumulative return in cash records $104,581. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,840/mo property income covering a $1,322/mo payment rather than investor’s personal income.
Single Family
Built in 1950
10,541 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30062, Marietta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,961 (100%) |
| Owner Occupied HU | 19,694 (78.9%) |
| Renter Occupied HU | 4,461 (17.9%) |
| Vacant Housing Units | 806 ( 3.2%) |
| Median Home Value | $526,689 |
| Average Home Value | $589,164 |
Housing Distribution
Address Breakdown
Residential
24,948
Single Family
22,500
Multi-Family
2,448
Businesses
1,779
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