102 E Cherry StGriffinGA30223
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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 102 E Cherry St, Griffin, GA, 30223 with 5% annual appreciation on a $284,900 basis while $1,740/mo rent supports operations. Total monthly income totals $1,740/mo and a $1,394/mo payment preserves $6/mo for cash returns. Annual cash flow comes to $78/yr on $94,444 deployed, and return on cash invested reaches 19.99% in year one. Equity gained on principal adds $1,838/yr, and five-year appreciation sums $78,713 alongside rental yield of 7.33%. Five-year ROI measures 103.17% and total cumulative return in cash totals $97,439.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,740/mo property income versus a $1,394/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30223, Griffin, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,006 (100%) |
| Owner Occupied HU | 9,722 (57.2%) |
| Renter Occupied HU | 5,971 (35.1%) |
| Vacant Housing Units | 1,313 ( 7.7%) |
| Median Home Value | $235,994 |
| Average Home Value | $262,475 |
Housing Distribution
Address Breakdown
Residential
16,213
Single Family
15,572
Multi-Family
641
Businesses
1,075
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