515 Meredith CtMonroeGA30655
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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
Investment property for sale in Monroe at 515 Meredith Ct, Monroe, GA, 30655 with 5% annual appreciation on a $675,000 basis while $6,457/mo rent supports operations. Total monthly income totals $6,457/mo and a $3,304/mo payment preserves $2,334/mo for cash returns. Annual cash flow comes to $28,008/yr on $222,075 deployed, and return on cash invested reaches 32.67% in year one. Equity gained on principal adds $4,356/yr, and five-year appreciation sums $186,490 alongside rental yield of 11.48%. Five-year ROI measures 171.16% and total cumulative return in cash totals $380,115.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,457/mo property income versus a $3,304/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2000
1.25 Acres lot
$N/A/sqft
$175 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30655, Monroe, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,019 (100%) |
| Owner Occupied HU | 7,579 (63.1%) |
| Renter Occupied HU | 3,844 (32.0%) |
| Vacant Housing Units | 596 ( 5.0%) |
| Median Home Value | $361,128 |
| Average Home Value | $383,636 |
Housing Distribution
Address Breakdown
Residential
11,277
Single Family
11,126
Multi-Family
151
Businesses
1,077
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Listed by: Lee Malcom • Malcom & Malcom
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1021452
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.