6338 Hickory Lane CirUnion 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
Rental property for sale in Union City at 6338 Hickory Lane Cir, Union City, GA, 30291 generates $2,120/mo in rent and, after a $920/mo payment, leaves $976/mo in cash flow. Total monthly income is $2,120/mo, and annual cash flow is $11,712/yr on $62,322 invested. Return on cash invested sits at 38.7% in year one, and rental yield is 13.53% on a $188,000 entry. Equity gained on principal adds $1,213/yr, while 5% annual appreciation builds toward $51,941 over five years. Five-year ROI reaches 203.46% and total cumulative return in cash sums $126,800. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,120/mo property income rather than buyer’s personal income.
Townhouse
Built in 2005
2,570 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: Mark Spain • Mark Spain Real Estate
Mls Name: GAMLS
Mls ID: #10599469