1022 Waverly DrGriffinGA30224
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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 1022 Waverly Dr, Griffin, GA, 30224 offers a 9.32% rental yield on a $647,500 purchase with $5,029/mo rent. Total monthly income registers $5,029/mo, and a $3,169/mo payment leaves $1,088/mo available for distribution. Annual cash flow reaches $13,061/yr on $213,028 to close, and return on cash invested stands at 26.19% in year one. Equity gained on principal adds $4,178/yr while 5% annual appreciation supports $178,892 over five years. Portfolio math shows five-year ROI at 136.37% and total cumulative return in cash at $290,505. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,029/mo property income against a $3,169/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
0.75 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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