1068 Fiddler Trce NETownsendGA31331
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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 Townsend at 1068 Fiddler Trce NE, Townsend, GA, 31331 priced at $500,000 converts $3,194/mo rent into $126/mo cash flow after a $2,447/mo obligation. Total monthly income equals $3,194/mo, and annual cash flow totals $1,514/yr on $165,750 invested. Return on cash invested prints 20.82% in year one, and rental yield reads 7.67% against a $500,000 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,141 by year five. Five-year ROI reaches 107.68% and total cumulative return in cash sums $178,484. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,194/mo property income covering a $2,447/mo payment, not borrower’s personal income.
Single Family
Built in 1988
0.35 Acres lot
$N/A/sqft
$300 annually HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 31331, Townsend, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,077 (100%) |
| Owner Occupied HU | 2,238 (54.9%) |
| Renter Occupied HU | 441 (10.8%) |
| Vacant Housing Units | 1,398 (34.3%) |
| Median Home Value | $226,210 |
| Average Home Value | $289,660 |
Housing Distribution
Address Breakdown
Residential
3,091
Single Family
3,066
Multi-Family
25
Businesses
165
Price History
Date | Event | Price |
|---|---|---|
| 2024-11-19 | Price change | $500,000 |
| 2024-09-18 | Price change | $549,000 |
| 2024-07-15 | Price change | $599,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1988
- Architectural Style: Other
- Building Area: 3,000
- Living Area: 3,000 sqft
- Property Condition: Resale
Features & Amenities
- Heating: Central, Electric, Heat Pump, Other
- Cooling: Ceiling Fan(s), Central Air, Electric, Window Unit(s)
- Flooring: Carpet, Tile, Vinyl
- Interior Features: Beamed Ceilings, Bookcases, Other, Walk-In Closet(s)
- Exterior Features: N/A
- Parking Features: Detached, Garage, Garage Door Opener, Parking Pad, RV/Boat Parking, Storage
Location
HOA & Fees
- HOA Fee: $300 annually
- Association Fee: $300 annually
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: Facilities Fee, Management Fee, Other, Reserve Fund
Utilities
- Utilities: Cable Available, Electricity Available, High Speed Internet, Phone Available, Propane, Water Available
- Sewer: Septic Tank
- Water Source: Well
- Road Surface Type: N/A
School Information
- Elementary School: Todd Grant
- Middle School: Mcintosh County
- High School: Mcintosh Academy
What's Special
Pull Down Stairs
Listed by: Katie Brown • BHHS Hodnett Cooper RE
Mls Name: GAMLS
Mls Provider:
Mls ID: #10291092
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