145 Coldwater WayGriffinGA30224
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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 145 Coldwater Way, Griffin, GA, 30224 priced at $284,000 converts $2,233/mo rent into $505/mo cash flow after a $1,390/mo obligation. Total monthly income equals $2,233/mo, and annual cash flow totals $6,055/yr on $94,146 invested. Return on cash invested prints 26.34% in year one, and rental yield reads 9.44% against a $284,000 entry. Equity gained on principal adds $1,833/yr, while 5% annual appreciation compiles into $78,464 by year five. Five-year ROI reaches 137.2% and total cumulative return in cash sums $129,173. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,233/mo property income covering a $1,390/mo payment, not borrower’s personal income.
Single Family
Built in 2019
0.50 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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