707 S Spring StGreensboroGA30642
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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 Greensboro at 707 S Spring St, Greensboro, GA, 30642 uses $60,996 cash to close to unlock $7,245/yr annual cash flow and $604/mo monthly cash flow. Total monthly income runs $1,724/mo, and a $901/mo payment keeps the spread at $604/mo. Purchase price stands at $184,000, and rental yield measures 11.24% with $1,724/mo rent. Return on cash invested shows 31.79% in year one, and 5% annual appreciation builds toward $50,836 over five years. Five-year ROI reaches 166.4% and total cumulative return in cash records $101,497. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,724/mo property income covering a $901/mo payment rather than investor’s personal income.
Single Family
Built in 1966
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30642, Greensboro, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,860 (100%) |
| Owner Occupied HU | 5,509 (62.2%) |
| Renter Occupied HU | 1,395 (15.7%) |
| Vacant Housing Units | 1,956 (22.1%) |
| Median Home Value | $598,488 |
| Average Home Value | $720,147 |
Housing Distribution
Address Breakdown
Residential
8,449
Single Family
8,065
Multi-Family
384
Businesses
711
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Listed by: Becky A Parker • Southern Classic Realtors
Mls Name: GAMLS
Mls ID: #10676386