5559 Glenridge Dr UNIT 2402Sandy SpringsGA30342
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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 Sandy Springs at 5559 Glenridge Dr UNIT 2402, Sandy Springs, GA, 30342 offers a 9.7% rental yield on a $229,900 purchase with $1,858/mo rent. Total monthly income registers $1,858/mo, and a $1,125/mo payment leaves $459/mo available for distribution. Annual cash flow reaches $5,508/yr on $76,212 to close, and return on cash invested stands at 27.14% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,517 over five years. Portfolio math shows five-year ROI at 141.52% and total cumulative return in cash at $107,855. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,858/mo property income against a $1,125/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2000
923.47 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30342, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,903 (100%) |
| Owner Occupied HU | 7,269 (48.8%) |
| Renter Occupied HU | 6,935 (46.5%) |
| Vacant Housing Units | 699 ( 4.7%) |
| Median Home Value | $900,474 |
| Average Home Value | $1,039,460 |
Housing Distribution
Address Breakdown
Residential
14,763
Single Family
8,650
Multi-Family
6,113
Businesses
1,714
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Listed by: KEVIN S JORDAN • Keller Williams Realty Cityside
Mls Name: FMLS GA
Mls ID: #7672877