113 Heather PlCentervilleGA31028
Nearby investment properties with comparable rents
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
Rental property for sale in Centerville at 113 Heather Pl, Centerville, GA, 31028 priced at $209,900 converts $1,619/mo rent into $342/mo cash flow after a $1,027/mo obligation. Total monthly income equals $1,619/mo, and annual cash flow totals $4,102/yr on $69,582 invested. Return on cash invested prints 25.8% in year one, and rental yield reads 9.26% against a $209,900 entry. Equity gained on principal adds $1,354/yr, while 5% annual appreciation compiles into $57,992 by year five. Five-year ROI reaches 134.32% and total cumulative return in cash sums $93,464. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,619/mo property income covering a $1,027/mo payment, not borrower’s personal income.
Single Family
Built in 1988
0.32 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jamie Moorman • MF Real Estate Firm
Mls Name: GAMLS
Mls ID: #10549113