114 Heron CtMonticelloGA31064
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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 Monticello at 114 Heron Ct, Monticello, GA, 31064 offers $1,669/mo rent that, after a $827/mo payment, leaves $641/mo cash flow. Total monthly income is $1,669/mo, and annual cash flow is $7,687/yr on $56,024 cash. Return on cash invested measures 33.63% in year one, and rental yield stands at 11.85% at a $169,000 entry. Equity gained on principal adds $1,091/yr while 5% annual appreciation compounds into $46,692 by year five. Five-year ROI records 176.3% and total cumulative return in cash reaches $98,767. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,669/mo property income versus a $827/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31064, Monticello, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,690 (100%) |
| Owner Occupied HU | 3,347 (71.4%) |
| Renter Occupied HU | 738 (15.7%) |
| Vacant Housing Units | 605 (12.9%) |
| Median Home Value | $265,837 |
| Average Home Value | $298,068 |
Housing Distribution
Address Breakdown
Residential
4,374
Single Family
4,364
Multi-Family
10
Businesses
283
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Listed by: Michael St. Bernard • The American Realty
Mls Name: GAMLS
Mls ID: #10609921