1009 Farmington Rd LOT 5GriffinGA30224
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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 Griffin at 1009 Farmington Rd LOT 5, Griffin, GA, 30224 earns from $3,084/mo rent with a $2,569/mo payment. Total monthly income totals $3,084/mo. ROI tracks 19.29% on current figures, and rental yield reads 7.05% at a $524,900 purchase. Equity gained on principal adds $3,387/yr, and 5% annual appreciation supports $145,020 over five years. Five-year ROI reaches 99.38% and total cumulative return in cash sums $171,613. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,084/mo property income instead of your personal income.
Single Family
Built in 2024
2.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30224, Griffin, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,352 (100%) |
| Owner Occupied HU | 7,220 (63.6%) |
| Renter Occupied HU | 3,527 (31.1%) |
| Vacant Housing Units | 605 ( 5.3%) |
| Median Home Value | $249,655 |
| Average Home Value | $273,064 |
Housing Distribution
Address Breakdown
Residential
10,963
Single Family
10,729
Multi-Family
234
Businesses
1,153
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