1308 Westland Ct #11-EBogartGA30622
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 5.94% gross rental yield, 1308 Westland Ct #11-E, Bogart, GA, 30622 in Bogart is priced for capital growth, not immediate cash flow. The $642,870 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $177,613 by year five, with $5,921/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (1.10) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $192,346.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.9% | 6.0% |
| Monthly Cash Flow | $(799) | $300 |
City averages based on Bogart market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,180 |
| Total Monthly Debt Service | $3,724 |
| DSCR Ratio | 0.85x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2023
0.25 Acres lot
$N/A/sqft
$800 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30622, Bogart, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,244 (100%) |
| Owner Occupied HU | 3,248 (76.5%) |
| Renter Occupied HU | 834 (19.7%) |
| Vacant Housing Units | 162 ( 3.8%) |
| Median Home Value | $413,977 |
| Average Home Value | $474,738 |
Housing Distribution
Address Breakdown
Residential
4,194
Single Family
4,088
Multi-Family
106
Businesses
347
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
Single Family
Built in 2023
0.25 Acres lot
$N/A/sqft
$800 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30622, Bogart, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,244 (100%) |
| Owner Occupied HU | 3,248 (76.5%) |
| Renter Occupied HU | 834 (19.7%) |
| Vacant Housing Units | 162 ( 3.8%) |
| Median Home Value | $413,977 |
| Average Home Value | $474,738 |
Housing Distribution
Address Breakdown
Residential
4,194
Single Family
4,088
Multi-Family
106
Businesses
347
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carolyn McAlister • DR Horton Realty of Georgia, Inc.
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1025109
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.