108 Meriwether Cir NWMilledgevilleGA31061
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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 Milledgeville at 108 Meriwether Cir NW, Milledgeville, GA, 31061 offers $1,697/mo rent that, after a $1,268/mo payment, leaves $120/mo cash flow. Total monthly income is $1,697/mo, and annual cash flow is $1,444/yr on $85,859 cash. Return on cash invested measures 21.59% in year one, and rental yield stands at 7.86% at a $259,000 entry. Equity gained on principal adds $1,671/yr while 5% annual appreciation compounds into $71,557 by year five. Five-year ROI records 111.75% and total cumulative return in cash reaches $95,944. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,697/mo property income versus a $1,268/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31061, Milledgeville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,866 (100%) |
| Owner Occupied HU | 9,803 (49.3%) |
| Renter Occupied HU | 6,348 (32.0%) |
| Vacant Housing Units | 3,715 (18.7%) |
| Median Home Value | $224,135 |
| Average Home Value | $295,359 |
Housing Distribution
Address Breakdown
Residential
17,899
Single Family
16,975
Multi-Family
924
Businesses
1,303
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Listed by: Michelle Kent • Berkshire Hathaway HomeServices Georgia Properties
Mls Name: MGMLS
Mls Provider:
Mls ID: #178189
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