341 Main StGriffinGA30223
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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 Griffin at 341 Main St, Griffin, GA, 30223 uses $52,709 cash to close to unlock $3,222/yr annual cash flow and $269/mo monthly cash flow. Total monthly income runs $1,236/mo, and a $778/mo payment keeps the spread at $269/mo. Purchase price stands at $159,000, and rental yield measures 9.33% with $1,236/mo rent. Return on cash invested shows 26.02% in year one, and 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 135.51% and total cumulative return in cash records $71,424. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,236/mo property income covering a $778/mo payment rather than investor’s personal income.
Single Family
Built in 1926
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30223, Griffin, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,006 (100%) |
| Owner Occupied HU | 9,722 (57.2%) |
| Renter Occupied HU | 5,971 (35.1%) |
| Vacant Housing Units | 1,313 ( 7.7%) |
| Median Home Value | $235,994 |
| Average Home Value | $262,475 |
Housing Distribution
Address Breakdown
Residential
16,213
Single Family
15,572
Multi-Family
641
Businesses
1,075
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