10661 Adel HwyMorvenGA31638
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 10661 Adel Hwy, Morven, GA, 31638 in Morven: $1,913/mo in rent, $952/mo net, 14.55% gross yield, all on a $157,800 acquisition. The 2.69 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $43,597 in value, and $1,453/yr in principal paydown steadily builds equity. Projected total cumulative return: $121,033.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.6% | 7.0% |
| Monthly Cash Flow | $952 | $250 |
City averages based on Morven market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,913 |
| Total Monthly Debt Service | $898 |
| DSCR Ratio | 2.13x |
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 1968
4.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31638, Morven, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 376 (100%) |
| Owner Occupied HU | 267 (71.0%) |
| Renter Occupied HU | 79 (21.0%) |
| Vacant Housing Units | 30 ( 8.0%) |
| Median Home Value | $167,969 |
| Average Home Value | $200,993 |
Housing Distribution
Address Breakdown
Residential
301
Single Family
301
Multi-Family
0
Businesses
16
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 1968
4.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31638, Morven, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 376 (100%) |
| Owner Occupied HU | 267 (71.0%) |
| Renter Occupied HU | 79 (21.0%) |
| Vacant Housing Units | 30 ( 8.0%) |
| Median Home Value | $167,969 |
| Average Home Value | $200,993 |
Housing Distribution
Address Breakdown
Residential
301
Single Family
301
Multi-Family
0
Businesses
16
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices