1101 Starboard DrGreensboroGA30642
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1101 Starboard Dr, Greensboro, GA, 30642 priced at $795,000 converts $3,040/mo rent into after a $3,891/mo obligation. Total monthly income equals $3,040/mo. Return on cash invested prints 11.81% in year one, and rental yield reads 4.59% against a $795,000 entry. Equity gained on principal adds $5,130/yr, while 5% annual appreciation compiles into $219,644 by year five. Five-year ROI reaches 59.24% and total cumulative return in cash sums $154,942. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,040/mo property income covering a $3,891/mo payment, not borrower’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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Riezl Baker • Luxury Lake Oconee
Mls Name: LCBOR
Mls ID: #69157