108 Norris 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
Investment property for sale in Eatonton at 108 Norris Ln, Eatonton, GA, 31024 offers a 10.74% rental yield on a $535,000 purchase with $4,788/mo rent. Total monthly income registers $4,788/mo, and a $2,619/mo payment leaves $1,531/mo available for distribution. Annual cash flow reaches $18,378/yr on $176,015 to close, and return on cash invested stands at 30.5% in year one. Equity gained on principal adds $3,452/yr while 5% annual appreciation supports $147,811 over five years. Portfolio math shows five-year ROI at 159.49% and total cumulative return in cash at $280,720. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,788/mo property income against a $2,619/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
1.19 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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