55 Smoak Rd, Griffin, GA, 30223 | 6.94% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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55 Smoak Rd, Griffin, GA, 30223 | 6.94% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Griffin at 55 Smoak Rd, Griffin, GA, 30223 with 5% annual appreciation on a $335,000 basis while $1,938/mo rent supports operations. 82% in year one. Equity gained on principal adds $2,162/yr, and five-year appreciation sums $92,554 alongside rental yield of 6.94%. Five-year ROI measures 96.85% and total cumulative return in cash totals $107,552. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,938/mo property income versus a $1,640/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1950

1 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome home to this freshly renovated 2 bedroom, 2 full bath approximately 1400s/f home with a sunroom that can be used as a 3rd bedroom. Adding great value and included with this property are a 40x60 commercial grade, insulated shop with a furnished office and full bathroom and a 16x24 2-story garage that is already pre-wired for potential future finishes. The home has just been painted and has new flooring and a new roof. The spacious master bedroom with new premium LVP floor has an updated master bathroom with a jacuzzi tub, tile shower and a granite topped vanity. The secondary bedroom is also large and has new carpet. The tiled kitchen has ample cabinet space, an island with a bar and total electric stainless steel appliances. There are also a separate dining room and living room with new LVP, a full tiled guest bath, a tiled sunroom, a fenced in yard, a screened in porch and a storage building. The commercial grade 40x60 shop has its own power meter, is built on a 6 inch thick commercial grade slab and is separated from the house area with an 8ft tall fence with a metal gate. This home is ideal for a home business or hobbyist wanting the convenience of having their work and home close to each other. The home, the shop and the 2 story garage are all being offered together at an incredible value price

Neighborhood Data

Neighborhood data shown for ZIP Code: 30223, Griffin, GA area.

Housing Distribution

Housing Statistics

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