2620 Hodges Mill RdWatkinsvilleGA30677
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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 Watkinsville at 2620 Hodges Mill Rd, Watkinsville, GA, 30677 offers $3,076/mo rent that, after a $1,884/mo payment, leaves $733/mo cash flow. Total monthly income is $3,076/mo, and annual cash flow is $8,799/yr on $127,628 cash. Return on cash invested measures 26.8% in year one, and rental yield stands at 9.59% at a $385,000 entry. Equity gained on principal adds $2,484/yr while 5% annual appreciation compounds into $106,368 by year five. Five-year ROI records 139.7% and total cumulative return in cash reaches $178,294. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,076/mo property income versus a $1,884/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30677, Watkinsville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,079 (100%) |
| Owner Occupied HU | 6,693 (82.8%) |
| Renter Occupied HU | 1,032 (12.8%) |
| Vacant Housing Units | 354 ( 4.4%) |
| Median Home Value | $441,980 |
| Average Home Value | $524,470 |
Housing Distribution
Address Breakdown
Residential
7,904
Single Family
7,803
Multi-Family
101
Businesses
1,262
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Listed by: Amy Burnett • Coldwell Banker Upchurch Realty
Mls Name: GAMLS
Mls ID: #10650983