4970 Macon HwyBishopGA30621
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 Bishop at 4970 Macon Hwy, Bishop, GA, 30621 priced at $375,000 converts $2,528/mo rent into $245/mo cash flow after a $1,835/mo obligation. Total monthly income equals $2,528/mo, and annual cash flow totals $2,938/yr on $124,313 invested. Return on cash invested prints 22.27% in year one, and rental yield reads 8.09% against a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation compiles into $103,606 by year five. Five-year ROI reaches 115.38% and total cumulative return in cash sums $143,427. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,528/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Single Family
Built in 1920
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30621, Bishop, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,479 (100%) |
| Owner Occupied HU | 2,163 (87.3%) |
| Renter Occupied HU | 211 ( 8.5%) |
| Vacant Housing Units | 105 ( 4.2%) |
| Median Home Value | $467,769 |
| Average Home Value | $491,029 |
Housing Distribution
Address Breakdown
Residential
2,063
Single Family
2,063
Multi-Family
0
Businesses
68
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Listed by: JW Thaxton • Coldwell Banker Upchurch Realty
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1023298
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