98 Alexander RdGrantvilleGA30220
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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 Grantville at 98 Alexander Rd, Grantville, GA, 30220 priced at $124,900 converts $992/mo rent into $232/mo cash flow after a $611/mo obligation. Total monthly income equals $992/mo, and annual cash flow totals $2,786/yr on $41,404 invested. Return on cash invested prints 26.64% in year one, and rental yield reads 9.53% against a $124,900 entry. Equity gained on principal adds $806/yr, while 5% annual appreciation compiles into $34,508 by year five. Five-year ROI reaches 138.91% and total cumulative return in cash sums $57,514. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $992/mo property income covering a $611/mo payment, not borrower’s personal income.
Manufactured
Built in 2010
2.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30220, Grantville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,175 (100%) |
| Owner Occupied HU | 1,568 (72.1%) |
| Renter Occupied HU | 456 (21.0%) |
| Vacant Housing Units | 151 ( 6.9%) |
| Median Home Value | $248,504 |
| Average Home Value | $332,195 |
Housing Distribution
Address Breakdown
Residential
2,139
Single Family
2,120
Multi-Family
19
Businesses
61
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Listed by: Bekki Smith • Farish Realty & Associates
Mls Name: GAMLS
Mls ID: #10569100