1879 Grovebrook LnWatkinsvilleGA30677
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Watkinsville at 1879 Grovebrook Ln, Watkinsville, GA, 30677 priced at $660,000 converts $4,159/mo rent into $76/mo cash flow after a $3,230/mo obligation. Total monthly income equals $4,159/mo, and annual cash flow totals $910/yr on $217,140 invested. Return on cash invested prints 20.48% in year one, and rental yield reads 7.56% against a $660,000 entry. Equity gained on principal adds $4,259/yr, while 5% annual appreciation compiles into $182,346 by year five. Five-year ROI reaches 105.86% and total cumulative return in cash sums $229,869. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,159/mo property income covering a $3,230/mo payment, not borrower’s personal income.
Single Family
Built in 2016
1.27 Acres lot
$N/A/sqft
$800 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30677, Watkinsville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,079 (100%) |
| Owner Occupied HU | 6,693 (82.8%) |
| Renter Occupied HU | 1,032 (12.8%) |
| Vacant Housing Units | 354 ( 4.4%) |
| Median Home Value | $441,980 |
| Average Home Value | $524,470 |
Housing Distribution
Address Breakdown
Residential
7,904
Single Family
7,803
Multi-Family
101
Businesses
1,262
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Deanna Cozart • Cottage Door Realty, LLC
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1024945
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.