111 E Banks StGlennvilleGA30427
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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 Glennville at 111 E Banks St, Glennville, GA, 30427 with 5% annual appreciation on a $225,000 basis while $1,920/mo rent supports operations. Total monthly income totals $1,920/mo and a $1,101/mo payment preserves $551/mo for cash returns. Annual cash flow comes to $6,610/yr on $74,588 deployed, and return on cash invested reaches 28.77% in year one. Equity gained on principal adds $1,452/yr, and five-year appreciation sums $62,163 alongside rental yield of 10.24%. Five-year ROI measures 150.23% and total cumulative return in cash totals $112,053.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,920/mo property income versus a $1,101/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1930
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30427, Glennville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,917 (100%) |
| Owner Occupied HU | 2,876 (58.5%) |
| Renter Occupied HU | 1,320 (26.8%) |
| Vacant Housing Units | 721 (14.7%) |
| Median Home Value | $184,703 |
| Average Home Value | $219,531 |
Housing Distribution
Address Breakdown
Residential
4,258
Single Family
4,257
Multi-Family
1
Businesses
302
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Listed by: Whitney Preston • Next Move Real Estate
Mls Name: HABR
Mls ID: #164451