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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Griffin at 1019 W College Ext, Griffin, GA, 30224 offers $2,340/mo rent that, after a $1,175/mo payment, leaves $879/mo cash flow. Total monthly income is $2,340/mo, and annual cash flow is $10,548/yr on $79,560 cash. Return on cash invested measures 33.17% in year one, and rental yield stands at 11.7% at a $240,000 entry. Equity gained on principal adds $1,549/yr while 5% annual appreciation compounds into $66,308 by year five. Five-year ROI records 173.79% and total cumulative return in cash reaches $138,266. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,340/mo property income versus a $1,175/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1985
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30224, Griffin, GA area.
| 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 |
Residential
10,963
Single Family
10,729
Multi-Family
234
Businesses
1,153
Date | Event | Price |
|---|---|---|
| 2024-12-27 | Price change | $240,000 |
| 2024-12-20 | Listed for sale | $260,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Alejandrina Vizueta • Golden Professional Rlty Grp
Mls Name: GAMLS
Mls Provider:
Mls ID: #10429491
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2025 GAMLS. All rights reserved.
