1070 Lane Creek CirBishopGA30621
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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 Lane Creek Cir, Bishop, GA, 30621 priced at $690,000 pairs $3,360/mo rent with after a $3,377/mo payment. Total monthly income equals $3,360/mo. Return on cash invested is 15.4% in year one, and rental yield stands at 5.84% on a $690,000 basis. Equity gained on principal adds $4,452/yr, and 5% annual appreciation accumulates to $190,634 by year five. Five-year ROI measures 78.61% and total cumulative return in cash reaches $178,448. For financing, Ziffy Mortgage’s DSCR program evaluates $3,360/mo property income against a $3,377/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
0.75 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: #1018805
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.