1060 Providence LoopGreensboroGA30642
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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 Greensboro at 1060 Providence Loop, Greensboro, GA, 30642 offers $5,575/mo rent that, after a $2,349/mo payment, leaves $2,404/mo cash flow. Total monthly income is $5,575/mo, and annual cash flow is $28,849/yr on $159,087 cash. Return on cash invested measures 38.04% in year one, and rental yield stands at 13.94% at a $479,900 entry. Equity gained on principal adds $3,097/yr while 5% annual appreciation compounds into $132,588 by year five. Five-year ROI records 200.65% and total cumulative return in cash reaches $319,209. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,575/mo property income versus a $2,349/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
8,712 sqft lot
$N/A/sqft
$3,000 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30642, Greensboro, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
8,449
Single Family
8,065
Multi-Family
384
Businesses
711
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Nearby investment properties with comparable prices
Listed by: Kathy Phillips • Harbor Club Properties INC
Mls Name: LCBOR
Mls Provider:
Mls ID: #66546
Disclaimer: Copyright Lake Country Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.