0 Sullivan DrHomerGA30547
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 Homer at 0 Sullivan Dr, Homer, GA, 30547 generates $2,801/mo in rent and, after a $1,908/mo payment, leaves $428/mo in cash flow. Total monthly income is $2,801/mo, and annual cash flow is $5,140/yr on $129,252 invested. Return on cash invested sits at 23.89% in year one, and rental yield is 8.62% on a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 124.06% and total cumulative return in cash sums $160,345. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,801/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30547, Homer, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,434 (100%) |
| Owner Occupied HU | 1,019 (71.1%) |
| Renter Occupied HU | 272 (19.0%) |
| Vacant Housing Units | 143 ( 10.0%) |
| Median Home Value | $324,905 |
| Average Home Value | $396,970 |
Housing Distribution
Address Breakdown
Residential
1,628
Single Family
1,628
Multi-Family
0
Businesses
199
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: A.J. Purcell • Keller Williams Greater Athens
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1021396
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.