1903 Futral RdGriffinGA30224
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 Griffin at 1903 Futral Rd, Griffin, GA, 30224 offers $1,642/mo rent that, after a $580/mo payment, leaves $861/mo cash flow. Total monthly income is $1,642/mo, and annual cash flow is $10,335/yr on $39,315 cash. Return on cash invested measures 46.2% in year one, and rental yield stands at 16.61% at a $118,598 entry. Equity gained on principal adds $765/yr while 5% annual appreciation compounds into $32,766 by year five. Five-year ROI records 244.42% and total cumulative return in cash reaches $96,095. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,642/mo property income versus a $580/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
1.80 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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