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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Griffin at 251 Lang St, Griffin, GA, 30223 priced at $165,000 converts $1,306/mo rent into $236/mo cash flow after a $808/mo obligation. Total monthly income equals $1,306/mo, and annual cash flow totals $2,829/yr on $54,698 invested. Return on cash invested prints 25.08% in year one, and rental yield reads 9.5% against a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation compiles into $45,586 by year five. Five-year ROI reaches 131% and total cumulative return in cash sums $71,651. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,306/mo property income covering a $808/mo payment, not borrower’s personal income.
Single Family
Built in 1948
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30223, Griffin, GA area.
| 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 |
Residential
16,213
Single Family
15,572
Multi-Family
641
Businesses
1,075
Date | Event | Price |
|---|---|---|
| 2025-09-18 | Listed for sale | $165,000 |
| 2025-09-05 | Listing removed | $165,000 |
| 2025-08-06 | Price change | $165,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-19 | $2156.91 | 142.53% | $62,098 | 150.05% |
| 2023-09-19 | $889.35 | 77.07% | $24,834 | 79.79% |
| 2022-09-19 | $502.27 | 21.50% | $13,813 | 21.50% |
Listed by: MARK SPAIN • Mark Spain Real Estate
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7651205
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