308 Pieris DrCantonGA30114
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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 Canton at 308 Pieris Dr, Canton, GA, 30114 priced at $326,000 converts $2,264/mo rent into $161/mo cash flow after a $1,596/mo obligation. Total monthly income equals $2,264/mo, and annual cash flow totals $1,931/yr on $108,069 invested. Return on cash invested prints 21.7% in year one, and rental yield reads 8.33% against a $326,000 entry. Equity gained on principal adds $2,104/yr, while 5% annual appreciation compiles into $90,068 by year five. Five-year ROI reaches 112.75% and total cumulative return in cash sums $121,851. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,264/mo property income covering a $1,596/mo payment, not borrower’s personal income.
Single Family
Built in 2003
4,356 sqft lot
$N/A/sqft
$400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30114, Canton, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,247 (100%) |
| Owner Occupied HU | 17,154 (67.9%) |
| Renter Occupied HU | 6,931 (27.5%) |
| Vacant Housing Units | 1,162 ( 4.6%) |
| Median Home Value | $482,082 |
| Average Home Value | $518,011 |
Housing Distribution
Address Breakdown
Residential
23,978
Single Family
21,338
Multi-Family
2,640
Businesses
1,530
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Listed by: Karina Miles • RB Realty
Mls Name: GAMLS
Mls Provider:
Mls ID: #10335422
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.