220 Strickland StReidsvilleGA30453
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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 Reidsville at 220 Strickland St, Reidsville, GA, 30453 priced at $250,000 pairs $1,837/mo rent with $315/mo cash flow after a $1,224/mo payment. Total monthly income equals $1,837/mo, and annual cash flow comes to $3,781/yr on $82,875 invested. Return on cash invested is 24.47% in year one, and rental yield stands at 8.82% on a $250,000 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,070 by year five. Five-year ROI measures 127.23% and total cumulative return in cash reaches $105,442. For financing, Ziffy Mortgage’s DSCR program evaluates $1,837/mo property income against a $1,224/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
7.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30453, Reidsville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,782 (100%) |
| Owner Occupied HU | 1,420 (51.0%) |
| Renter Occupied HU | 886 (31.8%) |
| Vacant Housing Units | 476 (17.1%) |
| Median Home Value | $115,772 |
| Average Home Value | $148,544 |
Housing Distribution
Address Breakdown
Residential
1,695
Single Family
1,682
Multi-Family
13
Businesses
173
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Listed by: William W Routh III • Routh Realtors, LLC
Mls Name: GAMLS
Mls ID: #10594274