0 Honey Ridge RoadMillenGA30442
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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
Investment property for sale in Millen at 0 Honey Ridge Road, Millen, GA, 30442 offers a 1.69% rental yield on a $1,800,000 purchase with $2,534/mo rent. 04% in year one. Equity gained on principal adds $11,615/yr while 5% annual appreciation supports $497,307 over five years. Portfolio math shows five-year ROI at 12.15% and total cumulative return in cash at $70,883. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,534/mo property income against a $8,810/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
301.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30442, Millen, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,016 (100%) |
| Owner Occupied HU | 2,230 (55.5%) |
| Renter Occupied HU | 974 (24.3%) |
| Vacant Housing Units | 812 (20.2%) |
| Median Home Value | $103,502 |
| Average Home Value | $168,481 |
Housing Distribution
Address Breakdown
Residential
3,021
Single Family
2,993
Multi-Family
28
Businesses
268
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.