116 Pine AveCommerceGA30529
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Commerce at 116 Pine Ave, Commerce, GA, 30529 at $155,000 posts ROI 43.57% with $1,013/mo cash flow from $1,957/mo rent. Total monthly income equals $1,957/mo, and annual cash flow records $12,159/yr on $51,383 to close. Return on cash invested measures 43.57% and rental yield reads 15.15% at the current $155,000. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 by year five. Five-year ROI prints 229.67% and total cumulative return in cash totals $118,012.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,957/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1925
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30529, Commerce, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,262 (100%) |
| Owner Occupied HU | 3,335 (63.4%) |
| Renter Occupied HU | 1,562 (29.7%) |
| Vacant Housing Units | 365 ( 6.9%) |
| Median Home Value | $303,535 |
| Average Home Value | $329,227 |
Housing Distribution
Address Breakdown
Residential
5,396
Single Family
5,100
Multi-Family
296
Businesses
918
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Nearby investment properties with comparable prices
Listed by: Patricia Mattox • Keller Williams Lanier Partner
Mls Name: GAMLS
Mls Provider:
Mls ID: #10350253
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.