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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Bishop at 1211 Old Bishop Rd, Bishop, GA, 30621 priced at $235,000 converts $1,996/mo rent into $566/mo cash flow after a $1,150/mo obligation. Total monthly income equals $1,996/mo, and annual cash flow totals $6,792/yr on $77,903 invested. Return on cash invested prints 28.63% in year one, and rental yield reads 10.19% against a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,926 by year five. Five-year ROI reaches 149.44% and total cumulative return in cash sums $116,416. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,996/mo property income covering a $1,150/mo payment, not borrower’s personal income.
Manufactured
Built in 2001
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30621, Bishop, GA area.
| 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 |
Residential
2,063
Single Family
2,063
Multi-Family
0
Businesses
68
Date | Event | Price |
|---|---|---|
| 2025-02-26 | Listed for sale | $235,000 |
| 2025-02-08 | Listing removed | $235,000 |
| 2025-01-30 | Listed for sale | $235,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-27 | $639.05 | 12.98% | $32,236 | 22.27% |
| 2023-02-27 | $565.64 | 14.92% | $26,365 | 24.01% |
| 2022-02-27 | $492.20 | 5.85% | $21,261 | 6.01% |
Listed by: Jeffrey Bodiford • WHR Real Estate Co.
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1023427
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
