824 White StGriffinGA30223
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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 824 White St, Griffin, GA, 30223 offers $1,124/mo rent that, after a $598/mo payment, leaves $380/mo cash flow. Total monthly income is $1,124/mo, and annual cash flow is $4,565/yr on $40,509 cash. Return on cash invested measures 31.18% in year one, and rental yield stands at 11.04% at a $122,200 entry. Equity gained on principal adds $789/yr while 5% annual appreciation compounds into $33,762 by year five. Five-year ROI records 163.2% and total cumulative return in cash reaches $66,110. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,124/mo property income versus a $598/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1960
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30223, Griffin, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
16,213
Single Family
15,572
Multi-Family
641
Businesses
1,075
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