1060 Cobblestone LnBogartGA30622
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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
Rental property for sale in Bogart at 1060 Cobblestone Ln, Bogart, GA, 30622 priced at $515,000 converts $3,145/mo rent into after a $2,521/mo obligation. Total monthly income equals $3,145/mo. Return on cash invested prints 19.37% in year one, and rental yield reads 7.33% against a $515,000 entry. Equity gained on principal adds $3,323/yr, while 5% annual appreciation compiles into $142,285 by year five. Five-year ROI reaches 100.03% and total cumulative return in cash sums $169,489. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,145/mo property income covering a $2,521/mo payment, not borrower’s personal income.
Single Family
Built in 2013
9,583 sqft lot
$N/A/sqft
$1,300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30622, Bogart, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,244 (100%) |
| Owner Occupied HU | 3,248 (76.5%) |
| Renter Occupied HU | 834 (19.7%) |
| Vacant Housing Units | 162 ( 3.8%) |
| Median Home Value | $413,977 |
| Average Home Value | $474,738 |
Housing Distribution
Address Breakdown
Residential
4,194
Single Family
4,088
Multi-Family
106
Businesses
347
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Listed by: Julie Moon • Corcoran Classic Living
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1014827
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.