1070 Lane Creek TerBishopGA30621
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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
Investment property for sale in Bishop at 1070 Lane Creek Ter, Bishop, GA, 30621 earns $356/mo cash flow from $3,482/mo rent with a $2,447/mo payment. Total monthly income totals $3,482/mo, and annual cash flow totals $4,270/yr on $165,750 capital. ROI tracks 22.49% on current figures, and rental yield reads 8.36% at a $500,000 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,141 over five years. Five-year ROI reaches 116.74% and total cumulative return in cash sums $193,496. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,482/mo property income instead of your personal income.
Single Family
Built in 2025
0.70 Acres lot
$N/A/sqft
$1,000 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: Ellen West • RAC Properties of Athens, Inc.
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1027639
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.