308 Mill Spring CtWoodstockGA30189
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThis Woodstock rental at 308 Mill Spring Ct, Woodstock, GA, 30189 sits in the solid-income band: 7.94% gross yield, $4,099/mo rent, $326/mo net after the $2,787/mo debt service, DSCR 1.47. Entry price of $619,900 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $171,267 and $5,709/yr in principal reduction bring total cumulative return to $255,831.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 6.0% |
| Monthly Cash Flow | $326 | $300 |
City averages based on Woodstock market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,099 |
| Total Monthly Debt Service | $3,526 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1997
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30189, Woodstock, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,458 (100%) |
| Owner Occupied HU | 11,693 (71.0%) |
| Renter Occupied HU | 3,882 (23.6%) |
| Vacant Housing Units | 883 ( 5.4%) |
| Median Home Value | $423,360 |
| Average Home Value | $467,594 |
Housing Distribution
Address Breakdown
Residential
15,615
Single Family
13,460
Multi-Family
2,155
Businesses
931
Nearby investment properties with comparable rents
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
Single Family
Built in 1997
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30189, Woodstock, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,458 (100%) |
| Owner Occupied HU | 11,693 (71.0%) |
| Renter Occupied HU | 3,882 (23.6%) |
| Vacant Housing Units | 883 ( 5.4%) |
| Median Home Value | $423,360 |
| Average Home Value | $467,594 |
Housing Distribution
Address Breakdown
Residential
15,615
Single Family
13,460
Multi-Family
2,155
Businesses
931
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices