515 Bohannon Rd #13GrantvilleGA30220
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 515 Bohannon Rd #13, Grantville, GA, 30220 in Grantville. At $484,900 it earns $3,371/mo in rent and distributes $395/mo to the owner after the $2,180/mo payment, a consistent 8.34% yield. DSCR 1.55 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $133,969 in value; $4,466/yr in principal paydown compounds ownership stake. Total projected return: $210,721.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.0% |
| Monthly Cash Flow | $395 | $200 |
City averages based on Grantville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,371 |
| Total Monthly Debt Service | $2,758 |
| DSCR Ratio | 1.22x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30220, Grantville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,175 (100%) |
| Owner Occupied HU | 1,568 (72.1%) |
| Renter Occupied HU | 456 (21.0%) |
| Vacant Housing Units | 151 ( 6.9%) |
| Median Home Value | $248,504 |
| Average Home Value | $332,195 |
Housing Distribution
Address Breakdown
Residential
2,139
Single Family
2,120
Multi-Family
19
Businesses
61
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
Single Family
Built in 2024
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30220, Grantville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,175 (100%) |
| Owner Occupied HU | 1,568 (72.1%) |
| Renter Occupied HU | 456 (21.0%) |
| Vacant Housing Units | 151 ( 6.9%) |
| Median Home Value | $248,504 |
| Average Home Value | $332,195 |
Housing Distribution
Address Breakdown
Residential
2,139
Single Family
2,120
Multi-Family
19
Businesses
61
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jedidiah Baker • Hughston Homes Marketing
Mls Name: GAMLS
Mls ID: #10395363