6355 Towhee WayMorrowGA30260
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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 Morrow at 6355 Towhee Way, Morrow, GA, 30260 priced at $323,400 converts $2,040/mo rent into after a $1,583/mo obligation. Total monthly income equals $2,040/mo. Return on cash invested prints 19.14% in year one, and rental yield reads 7.57% against a $323,400 entry. Equity gained on principal adds $2,087/yr, while 5% annual appreciation compiles into $89,349 by year five. Five-year ROI reaches 99.17% and total cumulative return in cash sums $106,323. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,040/mo property income covering a $1,583/mo payment, not borrower’s personal income.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
$1,680 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30260, Morrow, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,745 (100%) |
| Owner Occupied HU | 4,749 (40.4%) |
| Renter Occupied HU | 5,964 (50.8%) |
| Vacant Housing Units | 1,032 ( 8.8%) |
| Median Home Value | $229,542 |
| Average Home Value | $261,335 |
Housing Distribution
Address Breakdown
Residential
9,613
Single Family
7,843
Multi-Family
1,770
Businesses
1,190
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Listed by: Carmella Jones • Direct Residential Realty, LLC
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7553024
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