111 Ellie WayBloomingdaleGA31302
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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 Bloomingdale at 111 Ellie Way, Bloomingdale, GA, 31302 listed at $402,990 pairs $3,544/mo rent with a $1,972/mo payment to leave $1,046/mo cash flow. Total monthly income runs $3,544/mo, and annual cash flow reaches $12,551/yr on $133,591 cash to close. Return on cash invested measures 29.3% in year one, and rental yield registers 10.55% at a $402,990 basis. Equity gained on principal adds $2,600/yr, and annual property appreciation at 5% supports $111,339 by year five. Five-year ROI tracks 153.22% and total cumulative return in cash totals $204,691. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,544/mo property income relative to a $1,972/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
6,577 sqft lot
$N/A/sqft
$550 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31302, Bloomingdale, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,839 (100%) |
| Owner Occupied HU | 3,010 (62.2%) |
| Renter Occupied HU | 1,359 (28.1%) |
| Vacant Housing Units | 470 ( 9.7%) |
| Median Home Value | $280,527 |
| Average Home Value | $323,776 |
Housing Distribution
Address Breakdown
Residential
3,726
Single Family
3,413
Multi-Family
313
Businesses
215
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Listed by: Leigh A. Krosp • DR Horton Realty of Georgia
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #313791
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.