1605 Riverpoint Dr #4EBogartGA30622
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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 Bogart at 1605 Riverpoint Dr #4E, Bogart, GA, 30622 generates $6,336/mo in rent and, after a $3,049/mo payment, leaves $2,478/mo in cash flow. Total monthly income is $6,336/mo, and annual cash flow is $29,735/yr on $204,979 invested. Return on cash invested sits at 34.57% in year one, and rental yield is 12.2% on a $623,035 entry. Equity gained on principal adds $4,020/yr, while 5% annual appreciation builds toward $172,133 over five years. Five-year ROI reaches 181.41% and total cumulative return in cash sums $371,852. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,336/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
0.25 Acres lot
$N/A/sqft
$800 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30622, Bogart, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,244 (100%) |
| Owner Occupied HU | 3,248 (76.5%) |
| Renter Occupied HU | 834 (19.7%) |
| Vacant Housing Units | 162 ( 3.8%) |
| Median Home Value | $413,977 |
| Average Home Value | $474,738 |
Housing Distribution
Address Breakdown
Residential
4,194
Single Family
4,088
Multi-Family
106
Businesses
347
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Listed by: Carolyn McAlister • DR Horton Realty of Georgia, Inc.
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1018931
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.