640 Independence AvePendergrassGA30567
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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 Pendergrass at 640 Independence Ave, Pendergrass, GA, 30567 uses $109,362 cash to close to unlock $5,218/yr annual cash flow and $435/mo monthly cash flow. Total monthly income runs $2,443/mo, and a $1,615/mo payment keeps the spread at $435/mo. Purchase price stands at $329,900, and rental yield measures 8.89% with $2,443/mo rent. Return on cash invested shows 24.68% in year one, and 5% annual appreciation builds toward $91,145 over five years. Five-year ROI reaches 128.3% and total cumulative return in cash records $140,307. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,443/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Single Family
Built in 2017
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30567, Pendergrass, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,988 (100%) |
| Owner Occupied HU | 1,891 (63.3%) |
| Renter Occupied HU | 857 (28.7%) |
| Vacant Housing Units | 240 ( 8.0%) |
| Median Home Value | $384,856 |
| Average Home Value | $435,001 |
Housing Distribution
Address Breakdown
Residential
2,694
Single Family
2,694
Multi-Family
0
Businesses
115
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Listed by: Bonds Realty Group • Keller Williams Realty Atl. Partners
Mls Name: GAMLS
Mls ID: #10678100