1251 Marina Cove LnGreensboroGA30642
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
Total monthly income runs $3,917/mo, and a $5,873/mo payment. Purchase price stands at $1,200,000, and rental yield measures 3.92% with $3,917/mo rent. Return on cash invested shows 8.8% in year one, and 5% annual appreciation builds toward $331,538 over five years. Five-year ROI reaches 43.44% and total cumulative return in cash records $168,911. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,917/mo property income covering a $5,873/mo payment rather than investor’s personal income.
Townhouse
Built in 1993
2,178 sqft lot
$N/A/sqft
$4,355 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Riezl Baker • Luxury Lake Oconee
Mls Name: LCBOR
Mls Provider:
Mls ID: #68255
Disclaimer: Copyright Lake Country Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.