135 Alabama StGriffinGA30223
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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 135 Alabama St, Griffin, GA, 30223 priced at $199,999 converts $1,681/mo rent into $464/mo cash flow after a $979/mo obligation. Total monthly income equals $1,681/mo, and annual cash flow totals $5,564/yr on $66,300 invested. Return on cash invested prints 28.3% in year one, and rental yield reads 10.09% against a $199,999 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation compiles into $55,256 by year five. Five-year ROI reaches 147.74% and total cumulative return in cash sums $97,952. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,681/mo property income covering a $979/mo payment, not borrower’s personal income.
Multi Family
Built in 1971
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30223, Griffin, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,006 (100%) |
| Owner Occupied HU | 9,722 (57.2%) |
| Renter Occupied HU | 5,971 (35.1%) |
| Vacant Housing Units | 1,313 ( 7.7%) |
| Median Home Value | $235,994 |
| Average Home Value | $262,475 |
Housing Distribution
Address Breakdown
Residential
16,213
Single Family
15,572
Multi-Family
641
Businesses
1,075
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