1481 Fork Creek RdBowmanGA30624
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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 Bowman at 1481 Fork Creek Rd, Bowman, GA, 30624 priced at $375,000 converts $1,361/mo rent into after a $1,835/mo obligation. Total monthly income equals $1,361/mo. Return on cash invested prints 11.02% in year one, and rental yield reads 4.36% against a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation compiles into $103,606 by year five. Five-year ROI reaches 55.07% and total cumulative return in cash sums $68,463. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,361/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Single Family
Built in 2020
28.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30624, Bowman, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,220 (100%) |
| Owner Occupied HU | 878 (72.0%) |
| Renter Occupied HU | 221 (18.1%) |
| Vacant Housing Units | 121 ( 9.9%) |
| Median Home Value | $127,817 |
| Average Home Value | $195,430 |
Housing Distribution
Address Breakdown
Residential
1,219
Single Family
1,219
Multi-Family
0
Businesses
75
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Listed by: Greg Ozburn • Coldwell Banker Upchurch Realty
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1023766
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.