108 Cherry LnEatontonGA31024
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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 Eatonton at 108 Cherry Ln, Eatonton, GA, 31024 offers $3,120/mo rent that, after a $1,458/mo payment, leaves $1,307/mo cash flow. Total monthly income is $3,120/mo, and annual cash flow is $15,685/yr on $98,721 cash. Return on cash invested measures 35.8% in year one, and rental yield stands at 12.57% at a $297,800 entry. Equity gained on principal adds $1,922/yr while 5% annual appreciation compounds into $82,277 by year five. Five-year ROI records 187.94% and total cumulative return in cash reaches $185,537. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,120/mo property income versus a $1,458/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31024, Eatonton, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,158 (100%) |
| Owner Occupied HU | 7,108 (54.0%) |
| Renter Occupied HU | 2,298 (17.5%) |
| Vacant Housing Units | 3,752 (28.5%) |
| Median Home Value | $297,495 |
| Average Home Value | $420,523 |
Housing Distribution
Address Breakdown
Residential
10,987
Single Family
10,774
Multi-Family
213
Businesses
828
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