2321 N Walkers Mill RdGriffinGA30223
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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 Griffin at 2321 N Walkers Mill Rd, Griffin, GA, 30223 offers a 7.31% rental yield on a $315,000 purchase with $1,920/mo rent. Total monthly income registers $1,920/mo, and a $1,542/mo payment leaves $3/mo available for distribution. Annual cash flow reaches $31/yr on $104,423 to close, and return on cash invested stands at 19.94% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Portfolio math shows five-year ROI at 102.88% and total cumulative return in cash at $107,429. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,920/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1994
3.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30223, Griffin, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
16,213
Single Family
15,572
Multi-Family
641
Businesses
1,075
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