1049 Hancock StMetcalfGA31792
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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 Metcalf at 1049 Hancock St, Metcalf, GA, 31792 uses $62,322 cash to close to unlock $3,660/yr annual cash flow and $305/mo monthly cash flow. Total monthly income runs $1,449/mo, and a $920/mo payment keeps the spread at $305/mo. Purchase price stands at $188,000, and rental yield measures 9.25% with $1,449/mo rent. Return on cash invested shows 25.78% in year one, and 5% annual appreciation builds toward $51,941 over five years. Five-year ROI reaches 134.2% and total cumulative return in cash records $83,636. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,449/mo property income covering a $920/mo payment rather than investor’s personal income.
Single Family
Built in 1890
3.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31792, Thomasville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,417 (100%) |
| Owner Occupied HU | 5,792 (50.7%) |
| Renter Occupied HU | 4,331 (37.9%) |
| Vacant Housing Units | 1,294 (11.3%) |
| Median Home Value | $244,769 |
| Average Home Value | $318,708 |
Housing Distribution
Address Breakdown
Residential
10,462
Single Family
9,683
Multi-Family
779
Businesses
1,041
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