655 Shellnut DrForest 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 655 Shellnut Dr, Forest Park, GA, 30297 listed at $229,900 pairs $1,654/mo rent with a $1,125/mo payment to leave $255/mo cash flow. Total monthly income runs $1,654/mo, and annual cash flow reaches $3,060/yr on $76,212 cash to close. Return on cash invested measures 23.92% in year one, and rental yield registers 8.63% at a $229,900 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,517 by year five. Five-year ROI tracks 124.31% and total cumulative return in cash totals $94,739. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,654/mo property income relative to a $1,125/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
0.33 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: Sharon Whipple • Maximum One Realtor Partners
Mls Name: GAMLS
Mls ID: #10545782