953 South AveForest 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 953 South Ave, Forest Park, GA, 30297 priced at $155,000 converts $1,181/mo rent into $237/mo cash flow after a $759/mo obligation. Total monthly income equals $1,181/mo, and annual cash flow totals $2,847/yr on $51,383 invested. Return on cash invested prints 25.45% in year one, and rental yield reads 9.14% against a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation compiles into $42,824 by year five. Five-year ROI reaches 132.47% and total cumulative return in cash sums $68,068. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,181/mo property income covering a $759/mo payment, not borrower’s personal income.
Single Family
Built in 1951
8,712 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: Thanh-Phong N. Tran • Tran Realty, LLC
Mls Name: GAMLS
Mls ID: #10579025