462 River RdConcordGA30206
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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 Concord at 462 River Rd, Concord, GA, 30206 offers $2,552/mo rent that, after a $2,065/mo payment. Total monthly income is $2,552/mo. Return on cash invested measures 19.77% in year one, and rental yield stands at 7.26% at a $422,000 entry. Equity gained on principal adds $2,723/yr while 5% annual appreciation compounds into $116,591 by year five. Five-year ROI records 101.99% and total cumulative return in cash reaches $142,679. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,552/mo property income versus a $2,065/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
2.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30206, Concord, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,203 (100%) |
| Owner Occupied HU | 963 (80.0%) |
| Renter Occupied HU | 159 (13.2%) |
| Vacant Housing Units | 81 ( 6.7%) |
| Median Home Value | $299,094 |
| Average Home Value | $331,602 |
Housing Distribution
Address Breakdown
Residential
1,140
Single Family
1,140
Multi-Family
0
Businesses
56
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