250 Cleveland Rd APT 235BogartGA30622
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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 250 Cleveland Rd APT 235, Bogart, GA, 30622 uses $81,218 cash to close to unlock $1,824/yr annual cash flow and $152/mo monthly cash flow. Total monthly income runs $1,843/mo, and a $1,199/mo payment keeps the spread at $152/mo. Purchase price stands at $245,000, and rental yield measures 9.03% with $1,843/mo rent. Return on cash invested shows 22.16% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 115.88% and total cumulative return in cash records $94,116. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,843/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
$200 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: Heather Fletcher • H.M.Fletcher Real Estate
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1023147
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.