1030 Spoon DrGreensboroGA30642
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Greensboro at 1030 Spoon Dr, Greensboro, GA, 30642 offers a 7.79% rental yield on a $669,000 purchase with $4,344/mo rent. Total monthly income registers $4,344/mo, and a $3,274/mo payment leaves $273/mo available for distribution. Annual cash flow reaches $3,273/yr on $220,101 to close, and return on cash invested stands at 21.55% in year one. Equity gained on principal adds $4,317/yr while 5% annual appreciation supports $184,832 over five years. Portfolio math shows five-year ROI at 111.45% and total cumulative return in cash at $245,307. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,344/mo property income against a $3,274/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
9,583 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathy Phillips • Harbor Club Properties
Mls Name: LCBOR
Mls ID: #69549