106 Weeks StNorman ParkGA31771
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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
Rental property for sale in Norman Park at 106 Weeks St, Norman Park, GA, 31771 priced at $129,900 converts $2,090/mo rent into $1,299/mo cash flow after a $636/mo obligation. Total monthly income equals $2,090/mo, and annual cash flow totals $15,590/yr on $43,062 invested. Return on cash invested prints 56.11% in year one, and rental yield reads 19.31% against a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation compiles into $35,889 by year five. Five-year ROI reaches 296.94% and total cumulative return in cash sums $127,867. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,090/mo property income covering a $636/mo payment, not borrower’s personal income.
Single Family
Built in 1911
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31771, Norman Park, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,449 (100%) |
| Owner Occupied HU | 1,541 (62.9%) |
| Renter Occupied HU | 654 (26.7%) |
| Vacant Housing Units | 254 (10.4%) |
| Median Home Value | $96,566 |
| Average Home Value | $169,280 |
Housing Distribution
Address Breakdown
Residential
1,844
Single Family
1,844
Multi-Family
0
Businesses
61
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Listed by: Wayne Cooper • Mattco Realtors
Mls Name: Moultrie BOR
Mls ID: #913029
Disclaimer: Copyright Moultrie Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.