118 Glen Iris DrMonroeGA30655
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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 Monroe at 118 Glen Iris Dr, Monroe, GA, 30655 earns $129/mo cash flow from $1,954/mo rent with a $1,468/mo payment. Total monthly income totals $1,954/mo, and annual cash flow totals $1,542/yr on $99,448 capital. ROI tracks 21.46% on current figures, and rental yield reads 7.82% at a $299,995 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,883 over five years. Five-year ROI reaches 111.02% and total cumulative return in cash sums $110,410. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,954/mo property income instead of your personal income.
Single Family
Built in 1950
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30655, Monroe, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,019 (100%) |
| Owner Occupied HU | 7,579 (63.1%) |
| Renter Occupied HU | 3,844 (32.0%) |
| Vacant Housing Units | 596 ( 5.0%) |
| Median Home Value | $361,128 |
| Average Home Value | $383,636 |
Housing Distribution
Address Breakdown
Residential
11,277
Single Family
11,126
Multi-Family
151
Businesses
1,077
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