2012 Shoal Creek WayBishopGA30621
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 Bishop at 2012 Shoal Creek Way, Bishop, GA, 30621 priced at $135,000 pairs $4,580/mo rent with $3,700/mo cash flow after a $661/mo payment. Total monthly income equals $4,580/mo, and annual cash flow comes to $44,397/yr on $44,753 invested. Return on cash invested is 119.12% in year one, and rental yield stands at 40.71% on a $135,000 basis. Equity gained on principal adds $871/yr, and 5% annual appreciation accumulates to $37,298 by year five. Five-year ROI measures 635.28% and total cumulative return in cash reaches $284,305. For financing, Ziffy Mortgage’s DSCR program evaluates $4,580/mo property income against a $661/mo payment instead of your W2s, 1099s, or Tax returns.
Lot
Built in N/A
0.72 Acres lot
$N/A/sqft
$700 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30621, Bishop, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,479 (100%) |
| Owner Occupied HU | 2,163 (87.3%) |
| Renter Occupied HU | 211 ( 8.5%) |
| Vacant Housing Units | 105 ( 4.2%) |
| Median Home Value | $467,769 |
| Average Home Value | $491,029 |
Housing Distribution
Address Breakdown
Residential
2,063
Single Family
2,063
Multi-Family
0
Businesses
68
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kirby Kilgore • Kilgore Real Estate Group
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1015017
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.