416 Double Springs RdMonroeGA30656
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 Monroe at 416 Double Springs Rd, Monroe, GA, 30656 priced at $819,000 converts $4,427/mo rent into after a $4,009/mo obligation. Total monthly income equals $4,427/mo. Return on cash invested prints 17.58% in year one, and rental yield reads 6.49% against a $819,000 entry. Equity gained on principal adds $5,285/yr, while 5% annual appreciation compiles into $226,275 by year five. Five-year ROI reaches 90.17% and total cumulative return in cash sums $242,961. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,427/mo property income covering a $4,009/mo payment, not borrower’s personal income.
Single Family
Built in 2024
2 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Lisa Murell • Keller Williams Realty Atlanta Partners
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7474452
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