405 Monroe StGarfieldGA30425
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 405 Monroe St, Garfield, GA, 30425 in Garfield. At $248,500 it earns $1,773/mo in rent and distributes $261/mo to the owner after the $1,117/mo payment, a consistent 8.56% yield. DSCR 1.59 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $68,656 in value; $2,289/yr in principal paydown compounds ownership stake. Total projected return: $110,917.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.0% |
| Monthly Cash Flow | $261 | $300 |
City averages based on Garfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,773 |
| Total Monthly Debt Service | $1,414 |
| DSCR Ratio | 1.25x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1893
1.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30425, Garfield, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 631 (100%) |
| Owner Occupied HU | 432 (68.5%) |
| Renter Occupied HU | 98 (15.5%) |
| Vacant Housing Units | 101 (16.0%) |
| Median Home Value | $123,148 |
| Average Home Value | $209,635 |
Housing Distribution
Address Breakdown
Residential
523
Single Family
523
Multi-Family
0
Businesses
15
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
Single Family
Built in 1893
1.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30425, Garfield, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 631 (100%) |
| Owner Occupied HU | 432 (68.5%) |
| Renter Occupied HU | 98 (15.5%) |
| Vacant Housing Units | 101 (16.0%) |
| Median Home Value | $123,148 |
| Average Home Value | $209,635 |
Housing Distribution
Address Breakdown
Residential
523
Single Family
523
Multi-Family
0
Businesses
15
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices