421 Wax Rd SESilver CreekGA30173
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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 Silver Creek at 421 Wax Rd SE, Silver Creek, GA, 30173 offers $1,266/mo rent that, after a $1,101/mo payment. Total monthly income is $1,266/mo. Return on cash invested measures 18.25% in year one, and rental yield stands at 6.75% at a $225,000 entry. Equity gained on principal adds $1,452/yr while 5% annual appreciation compounds into $62,163 by year five. Five-year ROI records 93.81% and total cumulative return in cash reaches $69,969. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,266/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30173, Silver Creek, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,568 (100%) |
| Owner Occupied HU | 1,859 (72.4%) |
| Renter Occupied HU | 530 (20.6%) |
| Vacant Housing Units | 179 ( 7.0%) |
| Median Home Value | $257,540 |
| Average Home Value | $291,040 |
Housing Distribution
Address Breakdown
Residential
2,496
Single Family
2,496
Multi-Family
0
Businesses
59
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Listed by: Cedric Duncan • Nova Grace & Co.
Mls Name: FMLS GA
Mls ID: #7618933