110 Mariners Dr NEMilledgevilleGA31061
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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 110 Mariners Dr NE, Milledgeville, GA, 31061 generates $2,101/mo in rent and, after a $1,223/mo payment, leaves $580/mo in cash flow. Total monthly income is $2,101/mo, and annual cash flow is $6,962/yr on $82,842 invested. Return on cash invested sits at 28.31% in year one, and rental yield is 10.09% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 147.83% and total cumulative return in cash sums $122,462. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,101/mo property income rather than buyer’s personal income.
Manufactured
Built in 1994
1.82 Acres 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: Christopher Howington • Howington & Burrell Realty
Mls Name: Milledgeville MLS
Mls ID: #49386
Disclaimer: Copyright Milledgeville MLS. All rights reserved. Information is deemed reliable but not guaranteed.