1204 Town Creek CirGreensboroGA30642
Nearby investment properties with comparable rents
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 Greensboro at 1204 Town Creek Cir, Greensboro, GA, 30642 priced at $169,900 converts $2,767/mo rent into $1,712/mo cash flow after a $832/mo obligation. Total monthly income equals $2,767/mo, and annual cash flow totals $20,541/yr on $56,322 invested. Return on cash invested prints 56.38% in year one, and rental yield reads 19.54% against a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation compiles into $46,940 by year five. Five-year ROI reaches 298.46% and total cumulative return in cash sums $168,098. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,767/mo property income covering a $832/mo payment, not borrower’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30642, Greensboro, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,860 (100%) |
| Owner Occupied HU | 5,509 (62.2%) |
| Renter Occupied HU | 1,395 (15.7%) |
| Vacant Housing Units | 1,956 (22.1%) |
| Median Home Value | $598,488 |
| Average Home Value | $720,147 |
Housing Distribution
Address Breakdown
Residential
8,449
Single Family
8,065
Multi-Family
384
Businesses
711
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Nearby investment properties with comparable prices
Listed by: The Vining Group At Keller Williams Lo • Keller Williams Realty Lake Oconee
Mls Name: LCBOR
Mls Provider:
Mls ID: #67042
Disclaimer: Copyright Lake Country Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.