111 Miller CtCentervilleGA31028
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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 Centerville at 111 Miller Ct, Centerville, GA, 31028 priced at $159,900 converts $1,451/mo rent into $473/mo cash flow after a $783/mo obligation. Total monthly income equals $1,451/mo, and annual cash flow totals $5,673/yr on $53,007 invested. Return on cash invested prints 30.61% in year one, and rental yield reads 10.89% against a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,177 by year five. Five-year ROI reaches 160.16% and total cumulative return in cash sums $84,894. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,451/mo property income covering a $783/mo payment, not borrower’s personal income.
Single Family
Built in 1963
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31028, Centerville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,663 (100%) |
| Owner Occupied HU | 1,925 (72.3%) |
| Renter Occupied HU | 618 (23.2%) |
| Vacant Housing Units | 120 ( 4.5%) |
| Median Home Value | $227,220 |
| Average Home Value | $258,292 |
Housing Distribution
Address Breakdown
Residential
2,732
Single Family
2,333
Multi-Family
399
Businesses
247
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Listed by: Chandler Shipley • ASSIST-2-SELL, SMART CHOICE REAL ESTATE
Mls Name: CGMLS
Mls ID: #252842
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.