240 Cleveland Rd APT 400BogartGA30622
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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 Bogart at 240 Cleveland Rd APT 400, Bogart, GA, 30622 earns $45/mo cash flow from $1,502/mo rent with a $974/mo payment. Total monthly income totals $1,502/mo, and annual cash flow totals $543/yr on $65,969 capital. ROI tracks 20.73% on current figures, and rental yield reads 9.06% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 108.81% and total cumulative return in cash sums $71,778. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,502/mo property income instead of your personal income.
Townhouse
Built in 2003
N/A lot
$N/A/sqft
$165 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30622, Bogart, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,244 (100%) |
| Owner Occupied HU | 3,248 (76.5%) |
| Renter Occupied HU | 834 (19.7%) |
| Vacant Housing Units | 162 ( 3.8%) |
| Median Home Value | $413,977 |
| Average Home Value | $474,738 |
Housing Distribution
Address Breakdown
Residential
4,194
Single Family
4,088
Multi-Family
106
Businesses
347
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Listed by: Anna Richt • Dwell Real Estate
Mls Name: Hive MLS
Mls ID: #CL339792
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.