2324 Floyd Springs Rd NEArmucheeGA30105
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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 Armuchee at 2324 Floyd Springs Rd NE, Armuchee, GA, 30105 generates $2,566/mo in rent and, after a $1,713/mo payment, leaves $436/mo in cash flow. Total monthly income is $2,566/mo, and annual cash flow is $5,231/yr on $116,025 invested. Return on cash invested sits at 24.42% in year one, and rental yield is 8.8% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 126.88% and total cumulative return in cash sums $147,218. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,566/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
2.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30105, Armuchee, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,077 (100%) |
| Owner Occupied HU | 782 (72.6%) |
| Renter Occupied HU | 169 (15.7%) |
| Vacant Housing Units | 126 (11.7%) |
| Median Home Value | $311,927 |
| Average Home Value | $446,400 |
Housing Distribution
Address Breakdown
Residential
956
Single Family
956
Multi-Family
0
Businesses
105
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