505 N Baker StGlennvilleGA30427
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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 Glennville at 505 N Baker St, Glennville, GA, 30427 priced at $265,000 converts $1,920/mo rent into $307/mo cash flow after a $1,297/mo obligation. Total monthly income equals $1,920/mo, and annual cash flow totals $3,687/yr on $87,848 invested. Return on cash invested prints 24.11% in year one, and rental yield reads 8.69% against a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation compiles into $73,215 by year five. Five-year ROI reaches 125.25% and total cumulative return in cash sums $110,031. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,920/mo property income covering a $1,297/mo payment, not borrower’s personal income.
Single Family
Built in 1930
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30427, Glennville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,917 (100%) |
| Owner Occupied HU | 2,876 (58.5%) |
| Renter Occupied HU | 1,320 (26.8%) |
| Vacant Housing Units | 721 (14.7%) |
| Median Home Value | $184,703 |
| Average Home Value | $219,531 |
Housing Distribution
Address Breakdown
Residential
4,258
Single Family
4,257
Multi-Family
1
Businesses
302
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Listed by: India Easterling • MCLEOD PROPERTIES
Mls Name: HABR
Mls ID: #164319