6354 Shannon Pkwy APT 8BUnion 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 6354 Shannon Pkwy APT 8B, Union City, GA, 30291 generates $830/mo in rent, after a $514/mo payment. Total monthly income is $830/mo. Return on cash invested sits at 17.76% in year one, and rental yield is 9.49% on a $105,000 entry. Equity gained on principal adds $678/yr, while 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 94.36% and total cumulative return in cash sums $32,846. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $830/mo property income rather than buyer’s personal income.
Condo
Built in 1974
1,703 sqft lot
$N/A/sqft
$245 monthly 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: FMLS GA
Mls Provider:
Mls ID: #7609880
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