304 Morris StGlennvilleGA30427
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Nearby investment properties with comparable prices
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 Glennville at 304 Morris St, Glennville, GA, 30427 priced at $149,000 pairs $1,145/mo rent with $238/mo cash flow after a $729/mo payment. Total monthly income equals $1,145/mo, and annual cash flow comes to $2,861/yr on $49,394 invested. Return on cash invested is 25.7% in year one, and rental yield stands at 9.22% on a $149,000 basis. Equity gained on principal adds $961/yr, and 5% annual appreciation accumulates to $41,166 by year five. Five-year ROI measures 133.82% and total cumulative return in cash reaches $66,100. For financing, Ziffy Mortgage’s DSCR program evaluates $1,145/mo property income against a $729/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1981
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30427, Glennville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,917 (100%) |
| Owner Occupied HU | 2,876 (58.5%) |
| Renter Occupied HU | 1,320 (26.8%) |
| Vacant Housing Units | 721 (14.7%) |
| Median Home Value | $184,703 |
| Average Home Value | $219,531 |
Housing Distribution
Address Breakdown
Residential
4,258
Single Family
4,257
Multi-Family
1
Businesses
302
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Listed by: Francisco Mejia • Next Move Real Estate
Mls Name: GAMLS
Mls ID: #10653292