1008 Letitia Ave NDouglasGA31533
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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 Douglas at 1008 Letitia Ave N, Douglas, GA, 31533 offers $1,308/mo rent that, after a $832/mo payment, leaves $274/mo cash flow. Total monthly income is $1,308/mo, and annual cash flow is $3,282/yr on $56,322 cash. Return on cash invested measures 25.74% in year one, and rental yield stands at 9.24% at a $169,900 entry. Equity gained on principal adds $1,096/yr while 5% annual appreciation compounds into $46,940 by year five. Five-year ROI records 134% and total cumulative return in cash reaches $75,470. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,308/mo property income versus a $832/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.48 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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