1130 Grove Landing LnGrovetownGA30813
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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 Grovetown at 1130 Grove Landing Ln, Grovetown, GA, 30813 priced at $299,900 converts $2,488/mo rent into $563/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,488/mo, and annual cash flow totals $6,761/yr on $99,417 invested. Return on cash invested prints 26.71% in year one, and rental yield reads 9.96% against a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation compiles into $82,857 by year five. Five-year ROI reaches 139.62% and total cumulative return in cash sums $138,808. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,488/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 2012
6,969 sqft lot
$N/A/sqft
$375 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30813, Grovetown, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,775 (100%) |
| Owner Occupied HU | 14,025 (70.9%) |
| Renter Occupied HU | 4,783 (24.2%) |
| Vacant Housing Units | 967 ( 4.9%) |
| Median Home Value | $333,337 |
| Average Home Value | $348,179 |
Housing Distribution
Address Breakdown
Residential
19,508
Single Family
19,146
Multi-Family
362
Businesses
586
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Listed by: Mehbs Omar • Drake Realty of GreaterAtlanta
Mls Name: GAMLS
Mls Provider:
Mls ID: #10367588
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.