37 Alcovy Springs DrMonroeGA30656
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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 Monroe at 37 Alcovy Springs Dr, Monroe, GA, 30656 at $995,000 posts ROI 13.07% with from $4,200/mo rent. Total monthly income equals $4,200/mo. Return on cash invested measures 13.07% and rental yield reads 5.07% at the current $995,000. Equity gained on principal adds $6,421/yr, and 5% annual appreciation supports $274,900 by year five. Five-year ROI prints 66.1% and total cumulative return in cash totals $216,366. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,200/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
2 Acres lot
$N/A/sqft
$600 annually HOA
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Listed by: Michelle Farmer • Athens Real Estate Associates,
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1020671
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.