115 Merrimac DrFitzgeraldGA31750
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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 Fitzgerald at 115 Merrimac Dr, Fitzgerald, GA, 31750 with 5% annual appreciation on a $375,000 basis while $720/mo rent supports operations. 83% in year one. Equity gained on principal adds $2,420/yr, and five-year appreciation sums $103,606 alongside rental yield of 2.3%. Five-year ROI measures 21.88% and total cumulative return in cash totals $27,195. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $720/mo property income versus a $1,835/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1925
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31750, Fitzgerald, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,566 (100%) |
| Owner Occupied HU | 4,661 (54.4%) |
| Renter Occupied HU | 2,862 (33.4%) |
| Vacant Housing Units | 1,043 (12.2%) |
| Median Home Value | $150,969 |
| Average Home Value | $179,994 |
Housing Distribution
Address Breakdown
Residential
7,551
Single Family
7,320
Multi-Family
231
Businesses
675
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Listed by: N/A • N/A
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