623 Bohannon Rd #4GrantvilleGA30220
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 623 Bohannon Rd #4, Grantville, GA, 30220 in Grantville: $3,260/mo in rent, $528/mo in net income, 8.79% gross yield, 1.63 DSCR, all at $444,900. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $122,918 in appreciation and $4,098/yr in principal paydown projects total cumulative return of $204,006.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 6.0% |
| Monthly Cash Flow | $528 | $200 |
City averages based on Grantville market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,260 |
| Total Monthly Debt Service | $2,531 |
| DSCR Ratio | 1.29x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
1.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30220, Grantville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,175 (100%) |
| Owner Occupied HU | 1,568 (72.1%) |
| Renter Occupied HU | 456 (21.0%) |
| Vacant Housing Units | 151 ( 6.9%) |
| Median Home Value | $248,504 |
| Average Home Value | $332,195 |
Housing Distribution
Address Breakdown
Residential
2,139
Single Family
2,120
Multi-Family
19
Businesses
61
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
Single Family
Built in 2025
1.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30220, Grantville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,175 (100%) |
| Owner Occupied HU | 1,568 (72.1%) |
| Renter Occupied HU | 456 (21.0%) |
| Vacant Housing Units | 151 ( 6.9%) |
| Median Home Value | $248,504 |
| Average Home Value | $332,195 |
Housing Distribution
Address Breakdown
Residential
2,139
Single Family
2,120
Multi-Family
19
Businesses
61
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: GAMLS
Mls ID: #10510395