187 Alcovy CtGriffinGA30223
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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
Investment property for sale in Griffin at 187 Alcovy Ct, Griffin, GA, 30223 at $319,870 posts ROI 23.25% with $295/mo cash flow from $2,242/mo rent. Total monthly income equals $2,242/mo, and annual cash flow records $3,538/yr on $106,037 to close. Return on cash invested measures 23.25% and rental yield reads 8.41% at the current $319,870. Equity gained on principal adds $2,064/yr, and 5% annual appreciation supports $88,374 by year five. Five-year ROI prints 120.6% and total cumulative return in cash totals $127,882.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,242/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2026
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30223, Griffin, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,006 (100%) |
| Owner Occupied HU | 9,722 (57.2%) |
| Renter Occupied HU | 5,971 (35.1%) |
| Vacant Housing Units | 1,313 ( 7.7%) |
| Median Home Value | $235,994 |
| Average Home Value | $262,475 |
Housing Distribution
Address Breakdown
Residential
16,213
Single Family
15,572
Multi-Family
641
Businesses
1,075
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