729 Springer DrGriffinGA30224
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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 Griffin at 729 Springer Dr, Griffin, GA, 30224 with 5% annual appreciation on a $219,900 basis while $1,417/mo rent supports operations. Total monthly income totals $1,417/mo and a $1,076/mo payment preserves $79/mo for cash returns. Annual cash flow comes to $947/yr on $72,897 deployed, and return on cash invested reaches 21.21% in year one. Equity gained on principal adds $1,419/yr, and five-year appreciation sums $60,754 alongside rental yield of 7.73%. Five-year ROI measures 109.67% and total cumulative return in cash totals $79,948.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,417/mo property income versus a $1,076/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1952
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30224, Griffin, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,352 (100%) |
| Owner Occupied HU | 7,220 (63.6%) |
| Renter Occupied HU | 3,527 (31.1%) |
| Vacant Housing Units | 605 ( 5.3%) |
| Median Home Value | $249,655 |
| Average Home Value | $273,064 |
Housing Distribution
Address Breakdown
Residential
10,963
Single Family
10,729
Multi-Family
234
Businesses
1,153
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