23 Cedar StGrantvilleGA30220
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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
Investment property for sale in Grantville at 23 Cedar St, Grantville, GA, 30220 uses $71,273 cash to close to unlock $5,733/yr annual cash flow and $478/mo monthly cash flow. Total monthly income runs $1,786/mo, and a $1,052/mo payment keeps the spread at $478/mo. Purchase price stands at $215,000, and rental yield measures 9.97% with $1,786/mo rent. Return on cash invested shows 27.95% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 145.84% and total cumulative return in cash records $103,945. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,786/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in 1910
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30220, Grantville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,175 (100%) |
| Owner Occupied HU | 1,568 (72.1%) |
| Renter Occupied HU | 456 (21.0%) |
| Vacant Housing Units | 151 ( 6.9%) |
| Median Home Value | $248,504 |
| Average Home Value | $332,195 |
Housing Distribution
Address Breakdown
Residential
2,139
Single Family
2,120
Multi-Family
19
Businesses
61
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Listed by: Kristen Walker • Patti Ayers & Associates, Inc.
Mls Name: GAMLS
Mls ID: #10657868