7062 Spruce CirFairburnGA30213
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
Investment Highlights
Investment property for sale in Fairburn at 7062 Spruce Cir, Fairburn, GA, 30213 at $405,000 posts ROI 23.34% with $384/mo cash flow from $2,856/mo rent. Total monthly income equals $2,856/mo, and annual cash flow records $4,611/yr on $134,258 to close. Return on cash invested measures 23.34% and rental yield reads 8.46% at the current $405,000. Equity gained on principal adds $2,613/yr, and 5% annual appreciation supports $111,894 by year five. Five-year ROI prints 121.16% and total cumulative return in cash totals $162,662.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,856/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2003
0.51 Acres lot
$N/A/sqft
$85 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30213, Fairburn, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,940 (100%) |
| Owner Occupied HU | 12,632 (63.4%) |
| Renter Occupied HU | 5,926 (29.7%) |
| Vacant Housing Units | 1,382 ( 6.9%) |
| Median Home Value | $334,936 |
| Average Home Value | $384,870 |
Housing Distribution
Address Breakdown
Residential
17,830
Single Family
15,764
Multi-Family
2,066
Businesses
919
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Listed by: Brooke Harris • Harris Legacy Realty
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7359242
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