5693 Kingsport Dr #2Sandy 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 5693 Kingsport Dr #2, Sandy Springs, GA, 30342 uses $41,438 cash to close to unlock $2,724/yr annual cash flow and $227/mo monthly cash flow. Total monthly income runs $988/mo, and a $612/mo payment keeps the spread at $227/mo. Purchase price stands at $125,000, and rental yield measures 9.48% with $988/mo rent. Return on cash invested shows 26.48% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 138.09% and total cumulative return in cash records $57,221. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $988/mo property income covering a $612/mo payment rather than investor’s personal income.
Condo
Built in 1980
871.20 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: Karl Phillips • Berkshire Hathaway HomeServices Georgia Properties
Mls Name: FMLS GA
Mls ID: #7618882