1011 Slip PathGreensboroGA30642
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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 Greensboro at 1011 Slip Path, Greensboro, GA, 30642 priced at $540,000 converts $2,827/mo rent into after a $2,643/mo obligation. Total monthly income equals $2,827/mo. Return on cash invested prints 16.96% in year one, and rental yield reads 6.28% against a $540,000 entry. Equity gained on principal adds $3,485/yr, while 5% annual appreciation compiles into $149,192 by year five. Five-year ROI reaches 86.84% and total cumulative return in cash sums $154,286. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,827/mo property income covering a $2,643/mo payment, not borrower’s personal income.
Single Family
Built in 2020
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30642, Greensboro, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,860 (100%) |
| Owner Occupied HU | 5,509 (62.2%) |
| Renter Occupied HU | 1,395 (15.7%) |
| Vacant Housing Units | 1,956 (22.1%) |
| Median Home Value | $598,488 |
| Average Home Value | $720,147 |
Housing Distribution
Address Breakdown
Residential
8,449
Single Family
8,065
Multi-Family
384
Businesses
711
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Listed by: Charlotte Hildreth • REAL Broker, LLC
Mls Name: LCBOR
Mls Provider:
Mls ID: #67074
Disclaimer: Copyright Lake Country Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.