494 Bishop CtCommerceGA30529
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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
Investment property for sale in Commerce at 494 Bishop Ct, Commerce, GA, 30529 with 5% annual appreciation on a $315,000 basis while $2,543/mo rent supports operations. Total monthly income totals $2,543/mo and a $1,542/mo payment preserves $626/mo for cash returns. Annual cash flow comes to $7,507/yr on $104,423 deployed, and return on cash invested reaches 27.1% in year one. Equity gained on principal adds $2,033/yr, and five-year appreciation sums $87,029 alongside rental yield of 9.69%. Five-year ROI measures 141.26% and total cumulative return in cash totals $147,509.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,543/mo property income versus a $1,542/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30529, Commerce, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,262 (100%) |
| Owner Occupied HU | 3,335 (63.4%) |
| Renter Occupied HU | 1,562 (29.7%) |
| Vacant Housing Units | 365 ( 6.9%) |
| Median Home Value | $303,535 |
| Average Home Value | $329,227 |
Housing Distribution
Address Breakdown
Residential
5,396
Single Family
5,100
Multi-Family
296
Businesses
918
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