779 Cascade 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
Rental property for sale in Forest Park at 779 Cascade Dr, Forest Park, GA, 30297 priced at $240,000 pairs $1,969/mo rent with $508/mo cash flow after a $1,175/mo payment. Total monthly income equals $1,969/mo, and annual cash flow comes to $6,096/yr on $79,560 invested. Return on cash invested is 27.57% in year one, and rental yield stands at 9.84% on a $240,000 basis. Equity gained on principal adds $1,549/yr, and 5% annual appreciation accumulates to $66,308 by year five. Five-year ROI measures 143.77% and total cumulative return in cash reaches $114,386. For financing, Ziffy Mortgage’s DSCR program evaluates $1,969/mo property income against a $1,175/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1962
10,837 sqft 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: Viviana Potes • Virtual Properties Realty.com
Mls Name: FMLS GA
Mls ID: #7618975