6354 Shannon Pkwy UNIT 18CUnion 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 6354 Shannon Pkwy UNIT 18C, Union City, GA, 30291 offers a 17.38% rental yield on a $127,900 purchase with $1,852/mo rent. Total monthly income registers $1,852/mo, and a $626/mo payment leaves $869/mo available for distribution. Annual cash flow reaches $10,423/yr on $42,399 to close, and return on cash invested stands at 44.49% in year one. Equity gained on principal adds $825/yr while 5% annual appreciation supports $35,336 over five years. Portfolio math shows five-year ROI at 236.67% and total cumulative return in cash at $100,347. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,852/mo property income against a $626/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
2,178 sqft lot
$N/A/sqft
$2,460 annually 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: Ruben Lagos • Lakes Georgia Real Estate
Mls Name: GAMLS
Mls Provider:
Mls ID: #10387539
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 2024 GAMLS. All rights reserved.