114 Hardie StGordonGA31031
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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 Gordon at 114 Hardie St, Gordon, GA, 31031 uses $39,747 cash to close to unlock $6,385/yr annual cash flow and $532/mo monthly cash flow. Total monthly income runs $1,262/mo, and a $587/mo payment keeps the spread at $532/mo. Purchase price stands at $119,900, and rental yield measures 12.63% with $1,262/mo rent. Return on cash invested shows 35.97% in year one, and 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 188.97% and total cumulative return in cash records $75,108. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,262/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1952
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31031, Gordon, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,646 (100%) |
| Owner Occupied HU | 1,803 (68.1%) |
| Renter Occupied HU | 459 (17.3%) |
| Vacant Housing Units | 384 (14.5%) |
| Median Home Value | $119,602 |
| Average Home Value | $178,325 |
Housing Distribution
Address Breakdown
Residential
2,419
Single Family
2,350
Multi-Family
69
Businesses
119
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