1013 Remington AveThomasvilleGA31792
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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 Thomasville at 1013 Remington Ave, Thomasville, GA, 31792 uses $92,787 cash to close to unlock $4,853/yr annual cash flow and $404/mo monthly cash flow. Total monthly income runs $2,108/mo, and a $1,370/mo payment keeps the spread at $404/mo. Purchase price stands at $279,900, and rental yield measures 9.04% with $2,108/mo rent. Return on cash invested shows 25.14% in year one, and 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 130.78% and total cumulative return in cash records $121,345. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,108/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 1964
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31792, Thomasville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,417 (100%) |
| Owner Occupied HU | 5,792 (50.7%) |
| Renter Occupied HU | 4,331 (37.9%) |
| Vacant Housing Units | 1,294 (11.3%) |
| Median Home Value | $244,769 |
| Average Home Value | $318,708 |
Housing Distribution
Address Breakdown
Residential
10,462
Single Family
9,683
Multi-Family
779
Businesses
1,041
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Listed by: Angela Kiker • KeySouth Real Estate Group, Inc
Mls Name: TABRMLS
Mls ID: #926067