102 Spur LnThomasvilleGA31757
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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 102 Spur Ln, Thomasville, GA, 31757 uses $137,573 cash to close to unlock $7,842/yr annual cash flow and $653/mo monthly cash flow. Total monthly income runs $3,204/mo, and a $2,031/mo payment keeps the spread at $653/mo. Purchase price stands at $415,000, and rental yield measures 9.26% with $3,204/mo rent. Return on cash invested shows 25.61% in year one, and 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 133.36% and total cumulative return in cash records $183,465. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,204/mo property income covering a $2,031/mo payment rather than investor’s personal income.
Single Family
Built in 2007
0.83 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31757, Thomasville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,934 (100%) |
| Owner Occupied HU | 3,308 (67.0%) |
| Renter Occupied HU | 1,188 (24.1%) |
| Vacant Housing Units | 438 ( 8.9%) |
| Median Home Value | $293,182 |
| Average Home Value | $327,185 |
Housing Distribution
Address Breakdown
Residential
4,853
Single Family
4,761
Multi-Family
92
Businesses
235
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Listed by: Sarah L Thompson • Avenues Real Estate Partners
Mls Name: TBR
Mls Provider:
Mls ID: #381269
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.