6520 Rickenbacker CirMorrowGA30260
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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 Morrow at 6520 Rickenbacker Cir, Morrow, GA, 30260 uses $74,588 cash to close to unlock $2,938/yr annual cash flow and $245/mo monthly cash flow. Total monthly income runs $1,614/mo, and a $1,101/mo payment keeps the spread at $245/mo. Purchase price stands at $225,000, and rental yield measures 8.61% with $1,614/mo rent. Return on cash invested shows 23.85% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 123.81% and total cumulative return in cash records $92,349. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,614/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1966
0.51 Acres lot
$N/A/sqft
No 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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