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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Griffin at 202 Cheatham St, Griffin, GA, 30223 priced at $165,000 pairs $1,633/mo rent with $628/mo cash flow after a $808/mo payment. Total monthly income equals $1,633/mo, and annual cash flow comes to $7,540/yr on $54,698 invested. Return on cash invested is 33.69% in year one, and rental yield stands at 11.88% on a $165,000 basis. Equity gained on principal adds $1,065/yr, and 5% annual appreciation accumulates to $45,586 by year five. Five-year ROI measures 176.69% and total cumulative return in cash reaches $96,647. For financing, Ziffy Mortgage’s DSCR program evaluates $1,633/mo property income against a $808/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30223, Griffin, GA area.
| 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 |
Residential
16,213
Single Family
15,572
Multi-Family
641
Businesses
1,075
Date | Event | Price |
|---|---|---|
| 2025-08-16 | Listed for sale | $165,000 |
| 2025-05-01 | Listing removed | $165,000 |
| 2025-01-21 | Listed for sale | $165,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-18 | $666.15 | 11.05% | $18,621 | 11.17% |
| 2023-08-18 | $599.85 | 16.83% | $16,750 | 18.62% |
| 2022-08-18 | $513.46 | 31.46% | $14,121 | 31.46% |
Listed by: Oscar Gomez • JNL Smart Realty
Mls Name: GAMLS
Mls Provider:
Mls ID: #10585129
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2025 GAMLS. All rights reserved.
