85 Devon LnAvondale EstatesGA30002
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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
Investment property for sale in Avondale Estates at 85 Devon Ln, Avondale Estates, GA, 30002 offers a 8.74% rental yield on a $291,300 purchase with $2,122/mo rent. Total monthly income registers $2,122/mo, and a $1,426/mo payment leaves $12/mo available for distribution. Annual cash flow reaches $138/yr on $96,566 to close, and return on cash invested stands at 20.05% in year one. Equity gained on principal adds $1,880/yr while 5% annual appreciation supports $80,481 over five years. Portfolio math shows five-year ROI at 105.01% and total cumulative return in cash at $101,404. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,122/mo property income against a $1,426/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1988
N/A lot
$N/A/sqft
$240 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30002, Avondale Estates, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,715 (100%) |
| Owner Occupied HU | 1,629 (60.0%) |
| Renter Occupied HU | 945 (34.8%) |
| Vacant Housing Units | 141 ( 5.2%) |
| Median Home Value | $549,705 |
| Average Home Value | $560,537 |
Housing Distribution
Address Breakdown
Residential
2,921
Single Family
2,805
Multi-Family
116
Businesses
273
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Listed by: N/A • N/A
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