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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% |
Investment property for sale in Griffin at 1328 Macarthur Dr, Griffin, GA, 30224 listed at $309,900 pairs $2,200/mo rent with a $1,517/mo payment to leave $314/mo cash flow. Total monthly income runs $2,200/mo, and annual cash flow reaches $3,764/yr on $102,732 cash to close. Return on cash invested measures 23.57% in year one, and rental yield registers 8.52% at a $309,900 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,620 by year five. Five-year ROI tracks 122.37% and total cumulative return in cash totals $125,712. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,200/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1967
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30224, Griffin, GA area.
| 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 |
Residential
10,963
Single Family
10,729
Multi-Family
234
Businesses
1,153
Date | Event | Price |
|---|---|---|
| 2024-12-08 | Price change | $309,900 |
| 2024-10-30 | Listed for sale | $319,900 |
| 2015-07-22 | Listing removed | $139,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-09 | $2282.39 | 2.95% | $61,478 | 6.30% |
| 2022-01-09 | $2217.09 | 8.46% | $57,833 | 8.09% |
| 2021-01-09 | $2044.16 | -1.05% | $53,506 | 0.75% |
Listed by: April N. English • Southern Realty Group
Mls Name: GAMLS
Mls Provider:
Mls ID: #10404430
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.
