1041 Spring Creek DrBishopGA30621
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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 Bishop at 1041 Spring Creek Dr, Bishop, GA, 30621 listed at $800,000 pairs $4,516/mo rent with a $3,916/mo payment. Total monthly income runs $4,516/mo. Return on cash invested measures 18.45% in year one, and rental yield registers 6.77% at a $800,000 basis. Equity gained on principal adds $5,162/yr, and annual property appreciation at 5% supports $221,025 by year five. Five-year ROI tracks 94.84% and total cumulative return in cash totals $249,632. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,516/mo property income relative to a $3,916/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30621, Bishop, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,479 (100%) |
| Owner Occupied HU | 2,163 (87.3%) |
| Renter Occupied HU | 211 ( 8.5%) |
| Vacant Housing Units | 105 ( 4.2%) |
| Median Home Value | $467,769 |
| Average Home Value | $491,029 |
Housing Distribution
Address Breakdown
Residential
2,063
Single Family
2,063
Multi-Family
0
Businesses
68
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