2 Cedar Ave, Griffin, GA, 30223 | $106/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2 Cedar Ave, Griffin, GA, 30223 | $106/mo Cash Flow | Ziffy

For Sale

Listed for sale 4 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Griffin at 2 Cedar Ave, Griffin, GA, 30223 priced at $276,000 converts $1,786/mo rent into $106/mo cash flow after a $1,351/mo obligation. Total monthly income equals $1,786/mo, and annual cash flow totals $1,273/yr on $91,494 invested. Return on cash invested prints 21.3% in year one, and rental yield reads 7.77% against a $276,000 entry. Equity gained on principal adds $1,781/yr, while 5% annual appreciation compiles into $76,254 by year five. Five-year ROI reaches 110.21% and total cumulative return in cash sums $100,837. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,786/mo property income covering a $1,351/mo payment, not borrower’s personal income.

Single Family

Built in 1960

0.29 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully renovated 3-bedroom, 2-bath home and thoughtfully updated with modern finishes throughout. Step inside to discover brand-new hickory hardwood floors that flow seamlessly through the living areas and bedrooms, creating warmth and timeless appeal. The kitchen is a true standout, featuring a spacious island facing spacious living room, stainless steel appliances, and a new electric range-perfect for everyday living and entertaining. Ceiling fans throughout the home add comfort and energy efficiency year-round. Both bathrooms are finished with stylish tile, and the primary suite offers a spa-like retreat with a walk-in shower complete with bench seating and dual sinks. Situated on a level corner lot, the home offers a fully enclosed backyard with a chain-link fence, ideal for pets, play, or outdoor gatherings. Located directly across from UGA, this property is perfect for homeowners, investors, or anyone seeking proximity to campus. Best of all, the home has not been lived in since the renovation, offering a truly move-in-ready experience. With its prime location, modern upgrades, and turnkey condition, this home will not last long-schedule your showing today before it's gone!

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