110 Applewood WayHomerGA30547
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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 Homer at 110 Applewood Way, Homer, GA, 30547 listed at $489,400 pairs $2,720/mo rent with a $2,395/mo payment. Total monthly income runs $2,720/mo. Return on cash invested measures 17.16% in year one, and rental yield registers 6.67% at a $489,400 basis. Equity gained on principal adds $3,158/yr, and annual property appreciation at 5% supports $135,212 by year five. Five-year ROI tracks 88.28% and total cumulative return in cash totals $143,224. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,720/mo property income relative to a $2,395/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2021
0.32 Acres lot
$N/A/sqft
$1,365 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30547, Homer, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,434 (100%) |
| Owner Occupied HU | 1,019 (71.1%) |
| Renter Occupied HU | 272 (19.0%) |
| Vacant Housing Units | 143 ( 10.0%) |
| Median Home Value | $324,905 |
| Average Home Value | $396,970 |
Housing Distribution
Address Breakdown
Residential
1,628
Single Family
1,628
Multi-Family
0
Businesses
199
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Listed by: Melinda McCausland • Our Town Realty
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1023471
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.