299 Swamp Guinea RdColbertGA30628
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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 Colbert at 299 Swamp Guinea Rd, Colbert, GA, 30628 uses $77,505 cash to close to unlock $2,309/yr annual cash flow and $192/mo monthly cash flow. Total monthly income runs $1,615/mo, and a $1,144/mo payment keeps the spread at $192/mo. Purchase price stands at $233,800, and rental yield measures 8.29% with $1,615/mo rent. Return on cash invested shows 22.89% in year one, and 5% annual appreciation builds toward $64,595 over five years. Five-year ROI reaches 118.72% and total cumulative return in cash records $92,016. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,615/mo property income covering a $1,144/mo payment rather than investor’s personal income.
Manufactured
Built in 1993
1.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30628, Colbert, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,172 (100%) |
| Owner Occupied HU | 2,452 (77.3%) |
| Renter Occupied HU | 540 (17.0%) |
| Vacant Housing Units | 180 ( 5.7%) |
| Median Home Value | $260,987 |
| Average Home Value | $270,349 |
Housing Distribution
Address Breakdown
Residential
2,825
Single Family
2,825
Multi-Family
0
Businesses
104
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Listed by: Jim Clauser • Keller Williams Greater Athens
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1021810
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.