6048 Providence DrUnion CityGA30291
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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 Union City at 6048 Providence Dr, Union City, GA, 30291 offers a 11.06% rental yield on a $343,000 purchase with $3,161/mo rent. Total monthly income registers $3,161/mo, and a $1,679/mo payment leaves $1,073/mo available for distribution. Annual cash flow reaches $12,879/yr on $113,705 to close, and return on cash invested stands at 31.24% in year one. Equity gained on principal adds $2,213/yr while 5% annual appreciation supports $94,765 over five years. Portfolio math shows five-year ROI at 163.48% and total cumulative return in cash at $185,880. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,161/mo property income against a $1,679/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
6,577 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30291, Union City, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,880 (100%) |
| Owner Occupied HU | 5,359 (49.3%) |
| Renter Occupied HU | 4,872 (44.8%) |
| Vacant Housing Units | 649 ( 6.0%) |
| Median Home Value | $274,648 |
| Average Home Value | $317,323 |
Housing Distribution
Address Breakdown
Residential
10,618
Single Family
7,755
Multi-Family
2,863
Businesses
599
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Listed by: The Wallace Team • Keller Williams Atlanta Classic
Mls Name: GAMLS
Mls ID: #10656856