822 Ashton PlGriffinGA30224
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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
Rental property for sale in Griffin at 822 Ashton Pl, Griffin, GA, 30224 priced at $294,000 converts $1,872/mo rent into $83/mo cash flow after a $1,439/mo obligation. Total monthly income equals $1,872/mo, and annual cash flow totals $992/yr on $97,461 invested. Return on cash invested prints 20.93% in year one, and rental yield reads 7.64% against a $294,000 entry. Equity gained on principal adds $1,897/yr, while 5% annual appreciation compiles into $81,227 by year five. Five-year ROI reaches 108.18% and total cumulative return in cash sums $105,432. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,872/mo property income covering a $1,439/mo payment, not borrower’s personal income.
Single Family
Built in 1994
5,940 sqft 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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