104 Palm Island DrThomasvilleGA31757
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 104 Palm Island Dr, Thomasville, GA, 31757 in Thomasville speaks for itself: 10.29% gross on a $299,000 price, generating $2,563/mo in rent and $743/mo in net income after the $1,344/mo debt service. DSCR 1.91, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $8,921 stacks alongside $82,608 in projected five-year appreciation and $2,754/yr in principal reduction. Projected total cumulative return: $161,124.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 7.0% |
| Monthly Cash Flow | $743 | $300 |
City averages based on Thomasville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,563 |
| Total Monthly Debt Service | $1,701 |
| DSCR Ratio | 1.51x |
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 2021
N/A lot
$N/A/sqft
No 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
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 2021
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tyler A. Inlow • Premier Group Realty
Mls Name: Southwest Georgia MLS
Mls ID: #14334