497 George Cannon RdBox SpringsGA31801
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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 Box Springs at 497 George Cannon Rd, Box Springs, GA, 31801 priced at $179,000 converts $1,220/mo rent into $131/mo cash flow after a $876/mo obligation. Total monthly income equals $1,220/mo, and annual cash flow totals $1,568/yr on $59,339 invested. Return on cash invested prints 22.55% in year one, and rental yield reads 8.18% against a $179,000 entry. Equity gained on principal adds $1,155/yr, while 5% annual appreciation compiles into $49,454 by year five. Five-year ROI reaches 116.91% and total cumulative return in cash sums $69,375. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,220/mo property income covering a $876/mo payment, not borrower’s personal income.
Single Family
Built in 2005
5.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31801, Box Springs, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,443 (100%) |
| Owner Occupied HU | 1,071 (74.2%) |
| Renter Occupied HU | 169 (11.7%) |
| Vacant Housing Units | 203 (14.1%) |
| Median Home Value | $208,190 |
| Average Home Value | $215,327 |
Housing Distribution
Address Breakdown
Residential
1,234
Single Family
1,234
Multi-Family
0
Businesses
36
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Listed by: Chris Rogers • Better Homes and Gardens Historic
Mls Name: CBORGA
Mls Provider:
Mls ID: #219980
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.