1139 Riverpoint Dr #10EBogartGA30622
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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 Bogart at 1139 Riverpoint Dr #10E, Bogart, GA, 30622 generates $5,981/mo in rent and, after a $2,937/mo payment, leaves $2,262/mo in cash flow. Total monthly income is $5,981/mo, and annual cash flow is $27,146/yr on $197,436 invested. Return on cash invested sits at 33.81% in year one, and rental yield is 11.96% on a $600,110 entry. Equity gained on principal adds $3,872/yr, while 5% annual appreciation builds toward $165,799 over five years. Five-year ROI reaches 177.37% and total cumulative return in cash sums $350,194. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,981/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
10,018 sqft lot
$N/A/sqft
$800 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30622, Bogart, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,244 (100%) |
| Owner Occupied HU | 3,248 (76.5%) |
| Renter Occupied HU | 834 (19.7%) |
| Vacant Housing Units | 162 ( 3.8%) |
| Median Home Value | $413,977 |
| Average Home Value | $474,738 |
Housing Distribution
Address Breakdown
Residential
4,194
Single Family
4,088
Multi-Family
106
Businesses
347
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Listed by: Troy P. Sullivan • D.R. Horton Realty of GA Inc.
Mls Name: GAMLS
Mls Provider:
Mls ID: #10312980
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.