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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Griffin at 510 W Broad St, Griffin, GA, 30223 earns $477/mo cash flow from $1,937/mo rent with a $1,174/mo payment. Total monthly income totals $1,937/mo, and annual cash flow totals $5,725/yr on $79,527 capital. ROI tracks 27.11% on current figures, and rental yield reads 9.69% at a $239,900 purchase. Equity gained on principal adds $1,548/yr, and 5% annual appreciation supports $66,280 over five years. Five-year ROI reaches 141.38% and total cumulative return in cash sums $112,435. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,937/mo property income instead of your personal income.
Single Family
Built in 2024
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30223, Griffin, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,006 (100%) |
| Owner Occupied HU | 9,722 (57.2%) |
| Renter Occupied HU | 5,971 (35.1%) |
| Vacant Housing Units | 1,313 ( 7.7%) |
| Median Home Value | $235,994 |
| Average Home Value | $262,475 |
Residential
16,213
Single Family
15,572
Multi-Family
641
Businesses
1,075
Date | Event | Price |
|---|---|---|
| 2024-09-06 | Listed for sale | $239,900 |
| 2021-02-19 | Sold | $3,000 |
| 2020-06-01 | Pending sale | $4,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-14 | $98.39 | N/A | $2,550 | 41.67% |
| 2022-11-14 | N/A | N/A | $1,800 | N/A |
| 2021-11-14 | N/A | N/A | $1,800 | N/A |
What's Special
Pull Down Stairs
Listed by: Bryan K. Davis • Better Homes & Gardens Legacy
Mls Name: GAMLS
Mls Provider:
Mls ID: #10372720
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.
