102 Ike Way #38BonaireGA31005
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe cash-flow margin at 102 Ike Way #38, Bonaire, GA, 31005 in Bonaire is narrow, $130/mo net on $2,274/mo rent after the $1,122/mo debt service, but the property operates at break-even-plus, not a loss. At $249,585 with a 10.93% yield, the long-run equity case via 5% appreciation ($68,956 over five years) and $2,299/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 2.03 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $105,645.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 6.0% |
| Monthly Cash Flow | $130 | $250 |
City averages based on Bonaire market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,274 |
| Total Monthly Debt Service | $2,045 |
| DSCR Ratio | 1.11x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
10,018 sqft lot
$N/A/sqft
$625 monthly HOA
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
Single Family
Built in 2024
10,018 sqft lot
$N/A/sqft
$625 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices