98 W 2nd AveGlenwoodGA30428
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Glenwood at 98 W 2nd Ave, Glenwood, GA, 30428 generates $1,771/mo in rent and, after a $1,321/mo payment, leaves $128/mo in cash flow. Total monthly income is $1,771/mo, and annual cash flow is $1,540/yr on $89,472 invested. Return on cash invested sits at 21.63% in year one, and rental yield is 7.87% on a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 111.97% and total cumulative return in cash sums $100,182. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,771/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30428, Glenwood, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,258 (100%) |
| Owner Occupied HU | 703 (55.9%) |
| Renter Occupied HU | 309 (24.6%) |
| Vacant Housing Units | 246 (19.6%) |
| Median Home Value | $94,524 |
| Average Home Value | $130,853 |
Housing Distribution
Address Breakdown
Residential
778
Single Family
778
Multi-Family
0
Businesses
51
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices