2250 New High Shoals RdBishopGA30621
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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
Investment Highlights
Rental property for sale in Bishop at 2250 New High Shoals Rd, Bishop, GA, 30621 priced at $305,403 pairs $1,601/mo rent with after a $1,495/mo payment. Total monthly income equals $1,601/mo. Return on cash invested is 16.85% in year one, and rental yield stands at 6.29% on a $305,403 basis. Equity gained on principal adds $1,971/yr, and 5% annual appreciation accumulates to $84,377 by year five. Five-year ROI measures 86.35% and total cumulative return in cash reaches $87,424. For financing, Ziffy Mortgage’s DSCR program evaluates $1,601/mo property income against a $1,495/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
3 Acres lot
$N/A/sqft
No 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
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