280 Palamon DrGrovetownGA30813
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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 Grovetown at 280 Palamon Dr, Grovetown, GA, 30813 offers $2,668/mo rent that, after a $1,752/mo payment, leaves $489/mo cash flow. Total monthly income is $2,668/mo, and annual cash flow is $5,873/yr on $118,677 cash. Return on cash invested measures 24.86% in year one, and rental yield stands at 8.94% at a $358,000 entry. Equity gained on principal adds $2,310/yr while 5% annual appreciation compounds into $98,909 by year five. Five-year ROI records 129.26% and total cumulative return in cash reaches $153,402. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,668/mo property income versus a $1,752/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2011
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30813, Grovetown, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,775 (100%) |
| Owner Occupied HU | 14,025 (70.9%) |
| Renter Occupied HU | 4,783 (24.2%) |
| Vacant Housing Units | 967 ( 4.9%) |
| Median Home Value | $333,337 |
| Average Home Value | $348,179 |
Housing Distribution
Address Breakdown
Residential
19,508
Single Family
19,146
Multi-Family
362
Businesses
586
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