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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Riverdale at 6972 Apache Ln, Riverdale, GA, 30274 generates $2,112/mo in rent and, after a $1,248/mo payment, leaves $529/mo in cash flow. Total monthly income is $2,112/mo, and annual cash flow is $6,349/yr on $84,533 invested. Return on cash invested sits at 27.42% in year one, and rental yield is 9.94% on a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 143.2% and total cumulative return in cash sums $121,052. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,112/mo property income rather than buyer’s personal income.
Single Family
Built in 1986
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30274, Riverdale, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,402 (100%) |
| Owner Occupied HU | 5,652 (42.2%) |
| Renter Occupied HU | 6,987 (52.1%) |
| Vacant Housing Units | 763 ( 5.7%) |
| Median Home Value | $192,145 |
| Average Home Value | $220,868 |
Residential
12,803
Single Family
10,463
Multi-Family
2,340
Businesses
1,038
Date | Event | Price |
|---|---|---|
| 2024-09-19 | Price change | $255,000 |
| 2024-08-14 | Listed for sale | $260,000 |
| 2003-02-24 | Sold | $111,333 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-18 | $2488.77 | 5.39% | $67,960 | 14.64% |
| 2022-10-18 | $2361.50 | 27.42% | $59,280 | 28.76% |
| 2021-10-18 | $1853.39 | 17.42% | $46,040 | 19.30% |
Listed by: M.V. Northington • Team Realty
Mls Name: GAMLS
Mls Provider:
Mls ID: #10357941
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.
