1190 Old Bishop RdBishopGA30621
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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 Bishop at 1190 Old Bishop Rd, Bishop, GA, 30621 generates $4,200/mo in rent, after a $4,478/mo payment. Total monthly income is $4,200/mo. Return on cash invested sits at 14.61% in year one, and rental yield is 5.51% on a $915,000 entry. Equity gained on principal adds $5,904/yr, while 5% annual appreciation builds toward $252,798 over five years. Five-year ROI reaches 74.23% and total cumulative return in cash sums $223,469. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,200/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30621, Bishop, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,479 (100%) |
| Owner Occupied HU | 2,163 (87.3%) |
| Renter Occupied HU | 211 ( 8.5%) |
| Vacant Housing Units | 105 ( 4.2%) |
| Median Home Value | $467,769 |
| Average Home Value | $491,029 |
Housing Distribution
Address Breakdown
Residential
2,063
Single Family
2,063
Multi-Family
0
Businesses
68
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