3096 Parkridge 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
Investment property for sale in Grovetown at 3096 Parkridge Dr, Grovetown, GA, 30813 uses $119,307 cash to close to unlock $8,269/yr annual cash flow and $689/mo monthly cash flow. Total monthly income runs $2,880/mo, and a $1,762/mo payment keeps the spread at $689/mo. Purchase price stands at $359,900, and rental yield measures 9.6% with $2,880/mo rent. Return on cash invested shows 26.84% in year one, and 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 139.91% and total cumulative return in cash records $166,922. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,880/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Single Family
Built in 2012
N/A 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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