1712 Summerwoods LnGriffinGA30224
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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 1712 Summerwoods Ln, Griffin, GA, 30224 generates $1,536/mo in rent and, after a $870/mo payment, leaves $454/mo in cash flow. Total monthly income is $1,536/mo, and annual cash flow is $5,451/yr on $58,908 invested. Return on cash invested sits at 29.16% in year one, and rental yield is 10.37% on a $177,700 entry. Equity gained on principal adds $1,147/yr, while 5% annual appreciation builds toward $49,095 over five years. Five-year ROI reaches 152.4% and total cumulative return in cash sums $89,775. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,536/mo property income rather than buyer’s personal income.
Townhouse
Built in 2004
3,484 sqft 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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