1070 Apalachee TrceBishopGA30621
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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 Bishop at 1070 Apalachee Trce, Bishop, GA, 30621 priced at $875,000 converts $4,363/mo rent into after a $4,283/mo obligation. Total monthly income equals $4,363/mo. Return on cash invested prints 15.87% in year one, and rental yield reads 5.98% against a $875,000 entry. Equity gained on principal adds $5,646/yr, while 5% annual appreciation compiles into $241,746 by year five. Five-year ROI reaches 81.1% and total cumulative return in cash sums $233,459. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,363/mo property income covering a $4,283/mo payment, not borrower’s personal income.
Single Family
Built in 2006
1.78 Acres lot
$N/A/sqft
$500 annually 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: Jerry Craig • Greater Athens Properties
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1024455
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.