1103 W Railroad StQuitmanGA31643
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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 Quitman at 1103 W Railroad St, Quitman, GA, 31643 uses $36,465 cash to close to unlock $9,849/yr annual cash flow and $821/mo monthly cash flow. Total monthly income runs $1,508/mo, and a $538/mo payment keeps the spread at $821/mo. Purchase price stands at $110,000, and rental yield measures 16.45% with $1,508/mo rent. Return on cash invested shows 46.92% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 247.77% and total cumulative return in cash records $90,348. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,508/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1970
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31643, Quitman, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,926 (100%) |
| Owner Occupied HU | 2,240 (57.1%) |
| Renter Occupied HU | 1,184 (30.2%) |
| Vacant Housing Units | 502 (12.8%) |
| Median Home Value | $158,147 |
| Average Home Value | $243,631 |
Housing Distribution
Address Breakdown
Residential
3,588
Single Family
3,491
Multi-Family
97
Businesses
345
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