240 Railroad StCobbtownGA30420
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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 Cobbtown at 240 Railroad St, Cobbtown, GA, 30420 uses $154,148 cash to close to unlock $3,502/yr annual cash flow and $292/mo monthly cash flow. Total monthly income runs $3,122/mo, and a $2,276/mo payment keeps the spread at $292/mo. Purchase price stands at $465,000, and rental yield measures 8.06% with $3,122/mo rent. Return on cash invested shows 22.18% in year one, and 5% annual appreciation builds toward $128,471 over five years. Five-year ROI reaches 114.88% and total cumulative return in cash records $177,083. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,122/mo property income covering a $2,276/mo payment rather than investor’s personal income.
Single Family
Built in 1900
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30420, Cobbtown, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 951 (100%) |
| Owner Occupied HU | 550 (57.8%) |
| Renter Occupied HU | 190 (20.0%) |
| Vacant Housing Units | 211 (22.2%) |
| Median Home Value | $150,568 |
| Average Home Value | $184,350 |
Housing Distribution
Address Breakdown
Residential
813
Single Family
813
Multi-Family
0
Businesses
32
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Listed by: Anna Grace Crawford • Engel & Volkers
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #326659
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.