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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 Greensboro at 1040 Greshams Ft, Greensboro, GA, 30642 offers $8,270/mo rent that, after a $5,849/mo payment, leaves $849/mo cash flow. Total monthly income is $8,270/mo, and annual cash flow is $10,194/yr on $387,180 cash. Return on cash invested measures 23% in year one, and rental yield stands at 8.3% at a $1,195,000 entry. Equity gained on principal adds $7,711/yr while 5% annual appreciation compounds into $330,156 by year five. Five-year ROI records 119.36% and total cumulative return in cash reaches $462,146. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $8,270/mo property income versus a $5,849/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
1.33 Acres lot
$N/A/sqft
$1,770 annually HOA
Neighborhood data shown for ZIP Code: 30642, Greensboro, GA area.
| 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 |
Residential
8,449
Single Family
8,065
Multi-Family
384
Businesses
711
Date | Event | Price |
|---|---|---|
| 2024-08-30 | Listed for sale | $1,195,000 |
| 2021-05-14 | Sold | $825,000 |
| 2017-05-05 | Listing removed | $495,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-19 | $5302.81 | -14.96% | $331,720 | 2.57% |
| 2022-09-19 | $6235.59 | 89.29% | $323,400 | 43.12% |
| 2021-09-19 | $3294.15 | -11.69% | $225,960 | 12.22% |
What's Special
Pull Down Stairs
Listed by: Brian Quinn • Coldwell Banker Lake Oconee
Mls Name: LCBOR
Mls Provider:
Mls ID: #66935
Disclaimer: Copyright Lake Country Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.
