1338 Canal StGriffinGA30224
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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
Investment property for sale in Griffin at 1338 Canal St, Griffin, GA, 30224 earns $324/mo cash flow from $1,358/mo rent with a $832/mo payment. Total monthly income totals $1,358/mo, and annual cash flow totals $3,882/yr on $56,322 capital. ROI tracks 26.8% on current figures, and rental yield reads 9.59% at a $169,900 purchase. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 over five years. Five-year ROI reaches 139.73% and total cumulative return in cash sums $78,698. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,358/mo property income instead of your personal income.
Single Family
Built in 1969
0.71 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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Listed by: The Phillips Brothers • Bolst, Inc.
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7635540
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