1012 Franklin StDarienGA31305
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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 Darien at 1012 Franklin St, Darien, GA, 31305 priced at $189,000 pairs $1,980/mo rent with $830/mo cash flow after a $925/mo payment. Total monthly income equals $1,980/mo, and annual cash flow comes to $9,957/yr on $62,654 invested. Return on cash invested is 35.8% in year one, and rental yield stands at 12.57% on a $189,000 basis. Equity gained on principal adds $1,220/yr, and 5% annual appreciation accumulates to $52,217 by year five. Five-year ROI measures 187.93% and total cumulative return in cash reaches $117,742. For financing, Ziffy Mortgage’s DSCR program evaluates $1,980/mo property income against a $925/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1994
1.07 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 31305, Darien, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,489 (100%) |
| Owner Occupied HU | 1,538 (61.8%) |
| Renter Occupied HU | 509 (20.4%) |
| Vacant Housing Units | 442 (17.8%) |
| Median Home Value | $203,791 |
| Average Home Value | $238,558 |
Housing Distribution
Address Breakdown
Residential
1,906
Single Family
1,861
Multi-Family
45
Businesses
285
Price History
Date | Event | Price |
|---|---|---|
| 2024-09-12 | Listed for sale | $189,000 |
| 2017-08-07 | Sold | $50,000 |
| 2017-06-27 | Price change | $58,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-09-14 | $434.02 | 1.16% | $17,683 | 5.68% |
| 2021-09-14 | $429.03 | 0.58% | $16,733 | 3.21% |
| 2020-09-14 | $426.57 | -1.03% | $16,212 | -1.39% |
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Facts & Features
General Information
- Type: MobileManufactured
- Year Built: 1994
- Architectural Style: Mobile Home
- Building Area: N/A
- Living Area: 1,872 sqft
- Property Condition: N/A
Features & Amenities
- Heating: N/A
- Cooling: N/A
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Carport
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Trevor Long • Coldwell Banker Access Realty BWK
Mls Name: GIAOR
Mls ID: #1649100
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.