103 N College StSparksGA31647
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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 Sparks at 103 N College St, Sparks, GA, 31647 uses $54,664 cash to close to unlock $1,842/yr annual cash flow and $153/mo monthly cash flow. Total monthly income runs $1,157/mo, and a $807/mo payment keeps the spread at $153/mo. Purchase price stands at $164,900, and rental yield measures 8.42% with $1,157/mo rent. Return on cash invested shows 23.28% in year one, and 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 120.81% and total cumulative return in cash records $66,040. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,157/mo property income covering a $807/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31647, Sparks, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,453 (100%) |
| Owner Occupied HU | 815 (56.1%) |
| Renter Occupied HU | 470 (32.3%) |
| Vacant Housing Units | 168 (11.6%) |
| Median Home Value | $136,607 |
| Average Home Value | $161,610 |
Housing Distribution
Address Breakdown
Residential
1,258
Single Family
1,258
Multi-Family
0
Businesses
48
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