113 Coretta StBaxleyGA31513
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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 Baxley at 113 Coretta St, Baxley, GA, 31513 generates $2,220/mo in rent and, after a $710/mo payment, leaves $1,337/mo in cash flow. Total monthly income is $2,220/mo, and annual cash flow is $16,047/yr on $48,068 invested. Return on cash invested sits at 53.29% in year one, and rental yield is 18.37% on a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 281.82% and total cumulative return in cash sums $135,464. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,220/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31513, Baxley, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,431 (100%) |
| Owner Occupied HU | 4,696 (63.2%) |
| Renter Occupied HU | 1,636 (22.0%) |
| Vacant Housing Units | 1,099 (14.8%) |
| Median Home Value | $123,864 |
| Average Home Value | $181,319 |
Housing Distribution
Address Breakdown
Residential
6,638
Single Family
6,608
Multi-Family
30
Businesses
575
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Listed by: Jessica Dubberly Carver • James M. Swain & Associates, Inc
Mls Name: Altamaha Basin BOR
Mls ID: #22631
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.