965 Hood Rd, Concord, GA, 30206 | $306/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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965 Hood Rd, Concord, GA, 30206 | $306/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Concord at 965 Hood Rd, Concord, GA, 30206 generates $2,436/mo in rent and, after a $1,713/mo payment, leaves $306/mo in cash flow. Total monthly income is $2,436/mo, and annual cash flow is $3,671/yr on $116,025 invested. Return on cash invested sits at 23.07% in year one, and rental yield is 8.35% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 119.67% and total cumulative return in cash sums $138,842. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,436/mo property income rather than buyer’s personal income.

Single Family

Built in 1980

10.73 Acres lot

$N/A/sqft

No HOA

More details about the property

Don't miss out on this awesome 10.73 acre tract of land with not one but two homes. Long road frontage on the corner of Hood and Gaulding Rd yet parceled into a 1 acre tract with a 3BR/1.5BA brick home and a 9.73 acre tract with a mobile home that needs TLC. In the brick home, a large living room welcomes you, and an open kitchen offers lots of room. Large bedrooms make spreading out easy, and a new roof and air keep maintenance costs low for a while. The 3BR/2BA mobile has enjoyed some renovations, but still needs your special touch. Avoid impact fees and build your dream home while living in the brick home, and then rent the brick home, use it as a guest home or (not just an in-law suite) but a true in-law home, or finish the mobile home renovation and rent them both for income. Located in North-Western Pike county you'll be close and convenient to Brooks, Senoia, Fayetteville, Newnan, Hartsfield Jackson International Airport, and everything West Central GA has to offer with the true country feeling that comes from open spaces.

Neighborhood Data

Neighborhood data shown for ZIP Code: 30206, Concord, GA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,203 (100%)
Owner Occupied HU	963 (80.0%)
Renter Occupied HU	159 (13.2%)
Vacant Housing Units	81 ( 6.7%)
Median Home Value	$299,094
Average Home Value	$331,602