1070 Riverhill DrBishopGA30621
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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 Riverhill Dr, Bishop, GA, 30621 priced at $755,283 converts $5,233/mo rent into $636/mo cash flow after a $3,697/mo obligation. Total monthly income equals $5,233/mo, and annual cash flow totals $7,632/yr on $248,488 invested. Return on cash invested prints 23.13% in year one, and rental yield reads 8.31% against a $755,283 entry. Equity gained on principal adds $4,874/yr, while 5% annual appreciation compiles into $208,671 by year five. Five-year ROI reaches 119.95% and total cumulative return in cash sums $298,052. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,233/mo property income covering a $3,697/mo payment, not borrower’s personal income.
Single Family
Built in 2024
0.73 Acres lot
$N/A/sqft
No 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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