268 Condor Ct LOT 135StathamGA30666
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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 Statham at 268 Condor Ct LOT 135, Statham, GA, 30666 uses $135,043 cash to close to unlock $4,667/yr annual cash flow and $389/mo monthly cash flow. Total monthly income runs $2,910/mo, and a $1,994/mo payment keeps the spread at $389/mo. Purchase price stands at $407,370, and rental yield measures 8.57% with $2,910/mo rent. Return on cash invested shows 23.36% in year one, and 5% annual appreciation builds toward $112,549 over five years. Five-year ROI reaches 121.36% and total cumulative return in cash records $163,886. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,910/mo property income covering a $1,994/mo payment rather than investor’s personal income.
Single Family
Built in 2024
9,147 sqft lot
$N/A/sqft
$500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30666, Statham, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,739 (100%) |
| Owner Occupied HU | 3,851 (81.3%) |
| Renter Occupied HU | 659 (13.9%) |
| Vacant Housing Units | 229 ( 4.8%) |
| Median Home Value | $338,353 |
| Average Home Value | $412,445 |
Housing Distribution
Address Breakdown
Residential
4,479
Single Family
3,986
Multi-Family
493
Businesses
207
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Listed by: Elizabeth Blanton • DR Horton Realty of Georgia, Inc.
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1021379
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.