365 Pine Ridge CirWintervilleGA30683
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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
Rental property for sale in Winterville at 365 Pine Ridge Cir, Winterville, GA, 30683 generates $2,266/mo in rent and, after a $1,517/mo payment, leaves $370/mo in cash flow. Total monthly income is $2,266/mo, and annual cash flow is $4,435/yr on $102,762 invested. Return on cash invested sits at 24.22% in year one, and rental yield is 8.77% on a $309,990 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,645 over five years. Five-year ROI reaches 125.89% and total cumulative return in cash sums $129,364. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,266/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
1.51 Acres lot
$N/A/sqft
$120 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30683, Winterville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,161 (100%) |
| Owner Occupied HU | 2,236 (70.7%) |
| Renter Occupied HU | 771 (24.4%) |
| Vacant Housing Units | 154 ( 4.9%) |
| Median Home Value | $283,520 |
| Average Home Value | $321,317 |
Housing Distribution
Address Breakdown
Residential
3,135
Single Family
3,135
Multi-Family
0
Businesses
111
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Listed by: Ellen West • RAC Properties of Athens, Inc.
Mls Name: GAMLS
Mls Provider:
Mls ID: #10400900
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.