60 Allen RdCherry LogGA30522
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Cherry Log at 60 Allen Rd, Cherry Log, GA, 30522 offers a 11.27% rental yield on a $383,440 purchase with $3,600/mo rent. Total monthly income registers $3,600/mo, and a $1,877/mo payment leaves $1,266/mo available for distribution. Annual cash flow reaches $15,193/yr on $127,110 to close, and return on cash invested stands at 31.86% in year one. Equity gained on principal adds $2,474/yr while 5% annual appreciation supports $105,937 over five years. Portfolio math shows five-year ROI at 166.83% and total cumulative return in cash at $212,053. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,600/mo property income against a $1,877/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30522, Cherrylog, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,147 (100%) |
| Owner Occupied HU | 511 (44.6%) |
| Renter Occupied HU | 53 ( 4.6%) |
| Vacant Housing Units | 583 (50.8%) |
| Median Home Value | $512,127 |
| Average Home Value | $610,117 |
Housing Distribution
Address Breakdown
Residential
732
Single Family
732
Multi-Family
0
Businesses
24
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Listed by: Jenise Bragg • eXp Realty, LLC
Mls Name: NGBOR
Mls ID: #401895