698 Melinda DrWinderGA30680
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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 Winder at 698 Melinda Dr, Winder, GA, 30680 listed at $199,000 pairs $1,828/mo rent with a $974/mo payment to leave $617/mo cash flow. Total monthly income runs $1,828/mo, and annual cash flow reaches $7,402/yr on $65,969 cash to close. Return on cash invested measures 31.13% in year one, and rental yield registers 11.02% at a $199,000 basis. Equity gained on principal adds $1,284/yr, and annual property appreciation at 5% supports $54,980 by year five. Five-year ROI tracks 162.89% and total cumulative return in cash totals $107,454. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,828/mo property income relative to a $974/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1985
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30680, Winder, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,066 (100%) |
| Owner Occupied HU | 14,283 (74.9%) |
| Renter Occupied HU | 4,039 (21.2%) |
| Vacant Housing Units | 744 ( 3.9%) |
| Median Home Value | $287,593 |
| Average Home Value | $314,071 |
Housing Distribution
Address Breakdown
Residential
18,278
Single Family
17,571
Multi-Family
707
Businesses
1,297
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