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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% |
Rental property for sale in Griffin at 906 W Broad St, Griffin, GA, 30223 generates $875/mo in rent and, after a $538/mo payment, leaves $189/mo in cash flow. Total monthly income is $875/mo, and annual cash flow is $2,273/yr on $36,465 invested. Return on cash invested sits at 26.14% in year one, and rental yield is 9.55% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 136.4% and total cumulative return in cash sums $49,740. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $875/mo property income rather than buyer’s personal income.
Single Family
Built in 1947
0.30 Acres 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 |
|---|---|---|
| 2025-02-04 | Price change | $110,000 |
| 2024-12-20 | Listed for sale | $125,000 |
| 2022-09-07 | Sold | $72,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-16 | $1111.22 | 111.00% | $29,796 | 126.10% |
| 2022-02-16 | $526.64 | 9.82% | $13,178 | 8.20% |
| 2021-02-16 | $479.56 | -11.53% | $12,179 | -8.57% |
Listed by: Lisa Arce • BHGRE Metro Brokers
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7500091
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