693 Deering Rd SEConyersGA30094
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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 Conyers at 693 Deering Rd SE, Conyers, GA, 30094 generates $2,921/mo in rent and, after a $1,584/mo payment, leaves $951/mo in cash flow. Total monthly income is $2,921/mo, and annual cash flow is $11,415/yr on $107,307 invested. Return on cash invested sits at 30.55% in year one, and rental yield is 10.83% on a $323,700 entry. Equity gained on principal adds $2,089/yr, while 5% annual appreciation builds toward $89,432 over five years. Five-year ROI reaches 159.78% and total cumulative return in cash sums $171,457. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,921/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30094, Conyers, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,993 (100%) |
| Owner Occupied HU | 9,806 (75.5%) |
| Renter Occupied HU | 2,471 (19.0%) |
| Vacant Housing Units | 716 ( 5.5%) |
| Median Home Value | $293,317 |
| Average Home Value | $323,805 |
Housing Distribution
Address Breakdown
Residential
12,517
Single Family
11,804
Multi-Family
713
Businesses
535
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