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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Griffin at 824 W Broad St, Griffin, GA, 30223 listed at $229,000 pairs $2,189/mo rent with a $1,121/mo payment to leave $795/mo cash flow. Total monthly income runs $2,189/mo, and annual cash flow reaches $9,541/yr on $75,914 cash to close. Return on cash invested measures 32.48% in year one, and rental yield registers 11.47% at a $229,000 basis. Equity gained on principal adds $1,478/yr, and annual property appreciation at 5% supports $63,268 by year five. Five-year ROI tracks 170.17% and total cumulative return in cash totals $129,185. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,189/mo property income relative to a $1,121/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30223, Griffin, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,006 (100%) |
| Owner Occupied HU | 9,722 (57.2%) |
| Renter Occupied HU | 5,971 (35.1%) |
| Vacant Housing Units | 1,313 ( 7.7%) |
| Median Home Value | $235,994 |
| Average Home Value | $262,475 |
Residential
16,213
Single Family
15,572
Multi-Family
641
Businesses
1,075
Date | Event | Price |
|---|---|---|
| 2025-01-24 | Price change | $229,000 |
| 2024-12-27 | Price change | $239,000 |
| 2024-12-04 | Listed for sale | $245,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-16 | $469.99 | -3.45% | $12,181 | N/A |
| 2022-02-16 | $486.79 | 33.02% | $12,181 | 33.02% |
| 2021-02-16 | $365.95 | 3.53% | $9,157 | N/A |
Listed by: Michael Katz • WYND REALTY LLC
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7493865
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