1005 Smith AveDouglasGA31533
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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 Douglas at 1005 Smith Ave, Douglas, GA, 31533 uses $49,692 cash to close to unlock $4,720/yr annual cash flow and $393/mo monthly cash flow. Total monthly income runs $1,306/mo, and a $734/mo payment keeps the spread at $393/mo. Purchase price stands at $149,900, and rental yield measures 10.45% with $1,306/mo rent. Return on cash invested shows 29.41% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 153.73% and total cumulative return in cash records $76,391. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,306/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31533, Douglas, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,000 (100%) |
| Owner Occupied HU | 3,478 (49.7%) |
| Renter Occupied HU | 2,687 (38.4%) |
| Vacant Housing Units | 835 (11.9%) |
| Median Home Value | $157,522 |
| Average Home Value | $189,629 |
Housing Distribution
Address Breakdown
Residential
6,665
Single Family
6,424
Multi-Family
241
Businesses
985
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