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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Smyrna at 603 Spring Heights Ln UNIT 6/603, Smyrna, GA, 30080 offers a 7.23% rental yield on a $319,900 purchase with $1,927/mo rent. 45% in year one. Equity gained on principal adds $2,064/yr while 5% annual appreciation supports $88,382 over five years. Portfolio math shows five-year ROI at 100.33% and total cumulative return in cash at $106,400. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,927/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2001
1,611 sqft lot
$N/A/sqft
$249 annually HOA
Neighborhood data shown for ZIP Code: 30080, Smyrna, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,418 (100%) |
| Owner Occupied HU | 12,282 (44.8%) |
| Renter Occupied HU | 13,356 (48.7%) |
| Vacant Housing Units | 1,780 ( 6.5%) |
| Median Home Value | $480,078 |
| Average Home Value | $526,366 |
Residential
26,718
Single Family
19,166
Multi-Family
7,552
Businesses
1,511
Date | Event | Price |
|---|---|---|
| 2025-04-19 | Listed for sale | $319,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Sherri R. Mitchell • Keller Williams Realty
Mls Name: GAMLS
Mls Provider:
Mls ID: #10504082
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 2025 GAMLS. All rights reserved.
