648 Devon RdGrovetownGA30813
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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 648 Devon Rd, Grovetown, GA, 30813 uses $74,588 cash to close to unlock $6,020/yr annual cash flow and $502/mo monthly cash flow. Total monthly income runs $1,900/mo, and a $1,101/mo payment keeps the spread at $502/mo. Purchase price stands at $225,000, and rental yield measures 10.13% with $1,900/mo rent. Return on cash invested shows 27.98% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 146.16% and total cumulative return in cash records $109,017. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,900/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 2002
6,534 sqft lot
$N/A/sqft
$175 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: Brenda Knott • Exp Realty, Llc
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #533322
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.