387 Searchlight DrWinderGA30680
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
Rental property for sale in Winder at 387 Searchlight Dr, Winder, GA, 30680 offers $2,675/mo rent that, after a $2,002/mo payment, leaves $156/mo cash flow. Total monthly income is $2,675/mo, and annual cash flow is $1,868/yr on $135,617 cash. Return on cash invested measures 21.29% in year one, and rental yield stands at 7.85% at a $409,100 entry. Equity gained on principal adds $2,640/yr while 5% annual appreciation compounds into $113,027 by year five. Five-year ROI records 110.2% and total cumulative return in cash reaches $149,453. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,675/mo property income versus a $2,002/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
10,454 sqft lot
$N/A/sqft
$8 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30680, Winder, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,066 (100%) |
| Owner Occupied HU | 14,283 (74.9%) |
| Renter Occupied HU | 4,039 (21.2%) |
| Vacant Housing Units | 744 ( 3.9%) |
| Median Home Value | $287,593 |
| Average Home Value | $314,071 |
Housing Distribution
Address Breakdown
Residential
18,278
Single Family
17,571
Multi-Family
707
Businesses
1,297
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices