1050 Old Bishop RdBishopGA30621
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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 1050 Old Bishop Rd, Bishop, GA, 30621 with 5% annual appreciation on a $459,900 basis while $4,200/mo rent supports operations. Total monthly income totals $4,200/mo and a $2,251/mo payment preserves $1,401/mo for cash returns. Annual cash flow comes to $16,811/yr on $152,457 deployed, and return on cash invested reaches 30.94% in year one. Equity gained on principal adds $2,968/yr, and five-year appreciation sums $127,062 alongside rental yield of 10.96%. Five-year ROI measures 161.83% and total cumulative return in cash totals $246,726.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,200/mo property income versus a $2,251/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1946
0.94 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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Listed by: Hudson Holder • D.S. Murphy & Associates
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1023990
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.