15046 Highway 19GriffinGA30224
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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 15046 Highway 19, Griffin, GA, 30224 generates $2,785/mo in rent, after a $5,629/mo payment. Total monthly income is $2,785/mo. Return on cash invested sits at 6.8% in year one, and rental yield is 2.91% 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 32.29% and total cumulative return in cash sums $120,321. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,785/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
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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