1040 Skipstone PointWatkinsvilleGA30677
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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 Watkinsville at 1040 Skipstone Point, Watkinsville, GA, 30677 listed at $459,900 pairs $2,987/mo rent with a $2,251/mo payment to leave $188/mo cash flow. Total monthly income runs $2,987/mo, and annual cash flow reaches $2,255/yr on $152,457 cash to close. Return on cash invested measures 21.39% in year one, and rental yield registers 7.79% at a $459,900 basis. Equity gained on principal adds $2,968/yr, and annual property appreciation at 5% supports $127,062 by year five. Five-year ROI tracks 110.64% and total cumulative return in cash totals $168,678. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,987/mo property income relative to a $2,251/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1995
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30677, Watkinsville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,079 (100%) |
| Owner Occupied HU | 6,693 (82.8%) |
| Renter Occupied HU | 1,032 (12.8%) |
| Vacant Housing Units | 354 ( 4.4%) |
| Median Home Value | $441,980 |
| Average Home Value | $524,470 |
Housing Distribution
Address Breakdown
Residential
7,904
Single Family
7,803
Multi-Family
101
Businesses
1,262
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Listed by: Ashleigh Baker • Coldwell Banker Upchurch Realty
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1025374
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.