122 Barnesville RdGriffinGA30224
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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 Griffin at 122 Barnesville Rd, Griffin, GA, 30224 priced at $189,900 converts $1,502/mo rent into $347/mo cash flow after a $929/mo obligation. Total monthly income equals $1,502/mo, and annual cash flow totals $4,160/yr on $62,952 invested. Return on cash invested prints 26.52% in year one, and rental yield reads 9.49% against a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation compiles into $52,466 by year five. Five-year ROI reaches 138.17% and total cumulative return in cash sums $86,981. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,502/mo property income covering a $929/mo payment, not borrower’s personal income.
Single Family
Built in 1975
0.73 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
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