413 E Banks StGlennvilleGA30427
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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 Glennville at 413 E Banks St, Glennville, GA, 30427 generates $2,042/mo in rent and, after a $1,175/mo payment, leaves $548/mo in cash flow. Total monthly income is $2,042/mo, and annual cash flow is $6,578/yr on $79,560 invested. Return on cash invested sits at 28.18% in year one, and rental yield is 10.21% on a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 147.26% and total cumulative return in cash sums $117,158. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,042/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30427, Glennville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,917 (100%) |
| Owner Occupied HU | 2,876 (58.5%) |
| Renter Occupied HU | 1,320 (26.8%) |
| Vacant Housing Units | 721 (14.7%) |
| Median Home Value | $184,703 |
| Average Home Value | $219,531 |
Housing Distribution
Address Breakdown
Residential
4,258
Single Family
4,257
Multi-Family
1
Businesses
302
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Listed by: Le'keisha Ray • The Felton Group
Mls Name: HABR
Mls ID: #160591
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.