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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% |
Rental property for sale in Griffin at 15046 Highway 19, Griffin, GA, 30224 generates $3,101/mo in rent, after a $5,629/mo payment. Total monthly income is $3,101/mo. Return on cash invested sits at 7.81% in year one, and rental yield is 3.24% on a $1,150,000 entry. Equity gained on principal adds $7,421/yr, while 5% annual appreciation builds toward $317,724 over five years. Five-year ROI reaches 37.75% and total cumulative return in cash sums $140,661. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,101/mo property income rather than buyer’s personal income.
Single Family
Built in 1865
9.39 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kathy Slade • Murray Company, Realtors
Mls Name: GAMLS
Mls ID: #10639112
