278 Horseshoe RdBloomingdaleGA31302
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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 Bloomingdale at 278 Horseshoe Rd, Bloomingdale, GA, 31302 offers $2,972/mo rent that, after a $1,615/mo payment, leaves $964/mo cash flow. Total monthly income is $2,972/mo, and annual cash flow is $11,566/yr on $109,362 cash. Return on cash invested measures 30.49% in year one, and rental yield stands at 10.81% at a $329,900 entry. Equity gained on principal adds $2,129/yr while 5% annual appreciation compounds into $91,145 by year five. Five-year ROI records 159.42% and total cumulative return in cash reaches $174,339. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,972/mo property income versus a $1,615/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31302, Bloomingdale, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,839 (100%) |
| Owner Occupied HU | 3,010 (62.2%) |
| Renter Occupied HU | 1,359 (28.1%) |
| Vacant Housing Units | 470 ( 9.7%) |
| Median Home Value | $280,527 |
| Average Home Value | $323,776 |
Housing Distribution
Address Breakdown
Residential
3,726
Single Family
3,413
Multi-Family
313
Businesses
215
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Listed by: Christine Q. Durrence • Keller Williams Coastal Area P
Mls Name: Hive MLS
Mls ID: #SA336455