103 Evergreen Ridge CtStathamGA30666
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
Investment Highlights
Rental property for sale in Statham at 103 Evergreen Ridge Ct, Statham, GA, 30666 priced at $419,900 converts $2,926/mo rent into $329/mo cash flow after a $2,055/mo obligation. Total monthly income equals $2,926/mo, and annual cash flow totals $3,953/yr on $139,197 invested. Return on cash invested prints 22.75% in year one, and rental yield reads 8.36% against a $419,900 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation compiles into $116,011 by year five. Five-year ROI reaches 118.07% and total cumulative return in cash sums $164,352. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,926/mo property income covering a $2,055/mo payment, not borrower’s personal income.
Single Family
Built in 2020
0.59 Acres lot
$N/A/sqft
$125 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30666, Statham, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,739 (100%) |
| Owner Occupied HU | 3,851 (81.3%) |
| Renter Occupied HU | 659 (13.9%) |
| Vacant Housing Units | 229 ( 4.8%) |
| Median Home Value | $338,353 |
| Average Home Value | $412,445 |
Housing Distribution
Address Breakdown
Residential
4,479
Single Family
3,986
Multi-Family
493
Businesses
207
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Listed by: Kimberly Matthews • Keller Williams Greater Athens
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1025008
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.