572 Elles WayGriffinGA30223
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
Investment Highlights
Rental property for sale in Griffin at 572 Elles Way, Griffin, GA, 30223 priced at $149,000 pairs $1,477/mo rent with $570/mo cash flow after a $729/mo payment. Total monthly income equals $1,477/mo, and annual cash flow comes to $6,845/yr on $49,394 invested. Return on cash invested is 33.77% in year one, and rental yield stands at 11.9% on a $149,000 basis. Equity gained on principal adds $961/yr, and 5% annual appreciation accumulates to $41,166 by year five. Five-year ROI measures 177.09% and total cumulative return in cash reaches $87,472. For financing, Ziffy Mortgage’s DSCR program evaluates $1,477/mo property income against a $729/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2020
4,791 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
16,213
Single Family
15,572
Multi-Family
641
Businesses
1,075
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