619 Shipley AveGrovetownGA30813
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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
Rental property for sale in Grovetown at 619 Shipley Ave, Grovetown, GA, 30813 priced at $310,000 pairs $3,509/mo rent with $1,561/mo cash flow after a $1,517/mo payment. Total monthly income equals $3,509/mo, and annual cash flow comes to $18,733/yr on $102,765 invested. Return on cash invested is 38.14% in year one, and rental yield stands at 13.58% on a $310,000 basis. Equity gained on principal adds $2,000/yr, and 5% annual appreciation accumulates to $85,647 by year five. Five-year ROI measures 200.76% and total cumulative return in cash reaches $206,311. For financing, Ziffy Mortgage’s DSCR program evaluates $3,509/mo property income against a $1,517/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2011
6,098 sqft lot
$N/A/sqft
$400 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: Anna-Marie Boykin • Southeastern Residential, Llc
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #532415
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.