1153 Damascus RdHomerGA30547
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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 Homer at 1153 Damascus Rd, Homer, GA, 30547 at $666,978 posts ROI 22.66% with $476/mo cash flow from $4,536/mo rent. Total monthly income equals $4,536/mo, and annual cash flow records $5,714/yr on $219,436 to close. Return on cash invested measures 22.66% and rental yield reads 8.16% at the current $666,978. Equity gained on principal adds $4,304/yr, and 5% annual appreciation supports $184,274 by year five. Five-year ROI prints 117.46% and total cumulative return in cash totals $257,752.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,536/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2005
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30547, Homer, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,434 (100%) |
| Owner Occupied HU | 1,019 (71.1%) |
| Renter Occupied HU | 272 (19.0%) |
| Vacant Housing Units | 143 ( 10.0%) |
| Median Home Value | $324,905 |
| Average Home Value | $396,970 |
Housing Distribution
Address Breakdown
Residential
1,628
Single Family
1,628
Multi-Family
0
Businesses
199
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