36633 State Highway 23CobbtownGA30420
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
Investment Highlights
Investment property for sale in Cobbtown at 36633 State Highway 23, Cobbtown, GA, 30420 offers a 18.8% rental yield on a $131,100 purchase with $2,054/mo rent. Total monthly income registers $2,054/mo, and a $642/mo payment leaves $1,229/mo available for distribution. Annual cash flow reaches $14,751/yr on $43,460 to close, and return on cash invested stands at 53.85% in year one. Equity gained on principal adds $846/yr while 5% annual appreciation supports $36,221 over five years. Portfolio math shows five-year ROI at 285.06% and total cumulative return in cash at $123,888. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,054/mo property income against a $642/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1907
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30420, Cobbtown, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 951 (100%) |
| Owner Occupied HU | 550 (57.8%) |
| Renter Occupied HU | 190 (20.0%) |
| Vacant Housing Units | 211 (22.2%) |
| Median Home Value | $150,568 |
| Average Home Value | $184,350 |
Housing Distribution
Address Breakdown
Residential
813
Single Family
813
Multi-Family
0
Businesses
32
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