605 Vinings DrGrovetownGA30813
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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 Grovetown at 605 Vinings Dr, Grovetown, GA, 30813 uses $82,875 cash to close to unlock $4,327/yr annual cash flow and $361/mo monthly cash flow. Total monthly income runs $1,945/mo, and a $1,224/mo payment keeps the spread at $361/mo. Purchase price stands at $250,000, and rental yield measures 9.34% with $1,945/mo rent. Return on cash invested shows 25.13% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 131.05% and total cumulative return in cash records $108,610. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,945/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Townhouse
Built in 2021
1,742 sqft lot
$N/A/sqft
$750 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30813, Grovetown, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,775 (100%) |
| Owner Occupied HU | 14,025 (70.9%) |
| Renter Occupied HU | 4,783 (24.2%) |
| Vacant Housing Units | 967 ( 4.9%) |
| Median Home Value | $333,337 |
| Average Home Value | $348,179 |
Housing Distribution
Address Breakdown
Residential
19,508
Single Family
19,146
Multi-Family
362
Businesses
586
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Listed by: P-R Group • Blanchard & Calhoun - Evans
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #534493
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.