111 Palm Island DrThomasvilleGA31757
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Nearby investment properties with comparable prices
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 Thomasville at 111 Palm Island Dr, Thomasville, GA, 31757 uses $102,732 cash to close to unlock $12,505/yr annual cash flow and $1,042/mo monthly cash flow. Total monthly income runs $2,970/mo, and a $1,517/mo payment keeps the spread at $1,042/mo. Purchase price stands at $309,900, and rental yield measures 11.5% with $2,970/mo rent. Return on cash invested shows 32.08% in year one, and 5% annual appreciation builds toward $85,620 over five years. Five-year ROI reaches 168.2% and total cumulative return in cash records $172,800. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,970/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Single Family
Built in 2022
0.25 Acres lot
$N/A/sqft
$499 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31757, Thomasville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,934 (100%) |
| Owner Occupied HU | 3,308 (67.0%) |
| Renter Occupied HU | 1,188 (24.1%) |
| Vacant Housing Units | 438 ( 8.9%) |
| Median Home Value | $293,182 |
| Average Home Value | $327,185 |
Housing Distribution
Address Breakdown
Residential
4,853
Single Family
4,761
Multi-Family
92
Businesses
235
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Nearby investment properties with comparable prices
Listed by: Willis Palmer • Better Homes and Gardens Historic
Mls Name: TABRMLS
Mls ID: #923117
Disclaimer: Copyright Thomasville Area Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.