1060 Starboard DrGreensboroGA30642
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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 Starboard Dr, Greensboro, GA, 30642 generates $3,907/mo in rent, after a $4,013/mo payment. Total monthly income is $3,907/mo. Return on cash invested sits at 15.24% in year one, and rental yield is 5.72% on a $820,000 entry. Equity gained on principal adds $5,291/yr, while 5% annual appreciation builds toward $226,551 over five years. Five-year ROI reaches 77.64% and total cumulative return in cash sums $209,459. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,907/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
3,049 sqft lot
$N/A/sqft
No 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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Listed by: Mary Balicki • Reynolds Lake Oconee Properties
Mls Name: LCBOR
Mls Provider:
Mls ID: #66879
Disclaimer: Copyright Lake Country Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.