1097 Melody DrWaverly HallGA31831
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
Investment Highlights
Investment property for sale in Waverly Hall at 1097 Melody Dr, Waverly Hall, GA, 31831 at $128,600 posts ROI 40.17% with $720/mo cash flow from $1,502/mo rent. Total monthly income equals $1,502/mo, and annual cash flow records $8,637/yr on $42,631 to close. Return on cash invested measures 40.17% and rental yield reads 14.02% at the current $128,600. Equity gained on principal adds $830/yr, and 5% annual appreciation supports $35,530 by year five. Five-year ROI prints 211.38% and total cumulative return in cash totals $90,115.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,502/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1969
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31831, Waverly Hall, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,645 (100%) |
| Owner Occupied HU | 1,254 (76.2%) |
| Renter Occupied HU | 234 (14.2%) |
| Vacant Housing Units | 157 ( 9.5%) |
| Median Home Value | $315,079 |
| Average Home Value | $397,835 |
Housing Distribution
Address Breakdown
Residential
1,469
Single Family
1,469
Multi-Family
0
Businesses
65
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Nearby investment properties with comparable prices
Listed by: Joe Frank Nelson • Lakes & Land
Mls Name: GAMLS
Mls Provider:
Mls ID: #10361283
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.