116 Island View Dr NE, Milledgeville, GA, 31061 | 2.26% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Milledgeville at 116 Island View Dr NE, Milledgeville, GA, 31061 offers $2,684/mo rent that, after a $6,975/mo payment. Total monthly income is $2,684/mo. Return on cash invested measures 4.8% in year one, and rental yield stands at 2.26% at a $1,425,000 entry. Equity gained on principal adds $9,195/yr while 5% annual appreciation compounds into $393,701 by year five. Five-year ROI records 21.6% and total cumulative return in cash reaches $99,728. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,684/mo property income versus a $6,975/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1969

0.65 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 31061, Milledgeville, GA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	19,866 (100%)
Owner Occupied HU	9,803 (49.3%)
Renter Occupied HU	6,348 (32.0%)
Vacant Housing Units	3,715 (18.7%)
Median Home Value	$224,135
Average Home Value	$295,359