693 Deering Rd SEConyersGA30094
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 693 Deering Rd SE, Conyers, GA, 30094 in Conyers speaks for itself: 10.79% gross on a $275,000 price, generating $2,472/mo in rent and $798/mo in net income after the $1,237/mo debt service. DSCR 2.00, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $9,580 stacks alongside $75,977 in projected five-year appreciation and $2,533/yr in principal reduction. Projected total cumulative return: $155,547.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 7.2% |
| Monthly Cash Flow | $798 | $250 |
City averages based on Conyers market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,472 |
| Total Monthly Debt Service | $1,564 |
| DSCR Ratio | 1.58x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices