6442 Boca Grande BlvdForest ParkGA30297
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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 Forest Park at 6442 Boca Grande Blvd, Forest Park, GA, 30297 uses $82,875 cash to close to unlock $5,401/yr annual cash flow and $450/mo monthly cash flow. Total monthly income runs $1,972/mo, and a $1,224/mo payment keeps the spread at $450/mo. Purchase price stands at $250,000, and rental yield measures 9.47% with $1,972/mo rent. Return on cash invested shows 26.43% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 137.7% and total cumulative return in cash records $114,118. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,972/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1962
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30297, Forest Park, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,131 (100%) |
| Owner Occupied HU | 4,144 (37.2%) |
| Renter Occupied HU | 6,226 (55.9%) |
| Vacant Housing Units | 761 ( 6.8%) |
| Median Home Value | $150,470 |
| Average Home Value | $173,494 |
Housing Distribution
Address Breakdown
Residential
10,148
Single Family
9,133
Multi-Family
1,015
Businesses
1,163
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Listed by: Livian Ascend • Keller Williams North Atlanta
Mls Name: FMLS GA
Mls ID: #7704963