1209 Ethridge Mill RdGriffinGA30224
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
Investment property for sale in Griffin at 1209 Ethridge Mill Rd, Griffin, GA, 30224 listed at $139,000 pairs $2,081/mo rent with a $680/mo payment to leave $1,235/mo cash flow. Total monthly income runs $2,081/mo, and annual cash flow reaches $14,824/yr on $46,079 cash to close. Return on cash invested measures 52.08% in year one, and rental yield registers 17.97% at a $139,000 basis. Equity gained on principal adds $897/yr, and annual property appreciation at 5% supports $38,403 by year five. Five-year ROI tracks 275.29% and total cumulative return in cash totals $126,848. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,081/mo property income relative to a $680/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30224, Griffin, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,352 (100%) |
| Owner Occupied HU | 7,220 (63.6%) |
| Renter Occupied HU | 3,527 (31.1%) |
| Vacant Housing Units | 605 ( 5.3%) |
| Median Home Value | $249,655 |
| Average Home Value | $273,064 |
Housing Distribution
Address Breakdown
Residential
10,963
Single Family
10,729
Multi-Family
234
Businesses
1,153
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices