104 N Randolph StOglethorpeGA31068
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 104 N Randolph St, Oglethorpe, GA, 31068 in Oglethorpe is narrow, $182/mo net on $1,338/mo rent after the $854/mo debt service, but the property operates at break-even-plus, not a loss. At $190,000 with a 8.45% yield, the long-run equity case via 5% appreciation ($52,494 over five years) and $1,750/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.57 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $83,679.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 6.0% |
| Monthly Cash Flow | $182 | $150 |
City averages based on Oglethorpe market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,338 |
| Total Monthly Debt Service | $1,081 |
| DSCR Ratio | 1.24x |
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 1900
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31068, Oglethorpe, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,409 (100%) |
| Owner Occupied HU | 782 (55.5%) |
| Renter Occupied HU | 394 (28.0%) |
| Vacant Housing Units | 233 (16.5%) |
| Median Home Value | $81,081 |
| Average Home Value | $165,093 |
Housing Distribution
Address Breakdown
Residential
773
Single Family
773
Multi-Family
0
Businesses
102
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 1900
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31068, Oglethorpe, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,409 (100%) |
| Owner Occupied HU | 782 (55.5%) |
| Renter Occupied HU | 394 (28.0%) |
| Vacant Housing Units | 233 (16.5%) |
| Median Home Value | $81,081 |
| Average Home Value | $165,093 |
Housing Distribution
Address Breakdown
Residential
773
Single Family
773
Multi-Family
0
Businesses
102
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sandra Wall • COLDWELL BANKER FREE REALTY
Mls Name: CGMLS
Mls ID: #252236
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.