117 Meadowlark Ln, Fitzgerald, GA, 31750 | $238/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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117 Meadowlark Ln, Fitzgerald, GA, 31750 | $238/mo Cash Flow | Ziffy

For Sale

Listed for sale 6 days ago

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 Fitzgerald at 117 Meadowlark Ln, Fitzgerald, GA, 31750 offers $2,116/mo rent that, after a $1,510/mo payment, leaves $238/mo cash flow. Total monthly income is $2,116/mo, and annual cash flow is $2,860/yr on $102,268 cash. Return on cash invested measures 22.71% in year one, and rental yield stands at 8.23% at a $308,500 entry. Equity gained on principal adds $1,991/yr while 5% annual appreciation compounds into $85,233 by year five. Five-year ROI records 117.73% and total cumulative return in cash reaches $120,401. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,116/mo property income versus a $1,510/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1978

1.39 Acres lot

$N/A/sqft

No HOA

More details about the property

Newcomer Farms is the well established neighborhood to the southwest side of Fitzgerald. This home is on the largest of the ponds in that area and has over 1.3 acres to spread out on. The brick home has custom features that are timeless. The family room is large and has direct water views along with a feature wall housing the fireplace and built in shelving and the vaulted ceilings complete the room. The dining room and kitchen area are centrally located at the back of the home and also have the serene water views. Off the kitchen is the game room or 2nd living room, and has direct access to the garage. The master bedroom suite is located on the main level, as well is a guest room with en-suite. Upstairs is 1 bedroom with 1 bathroom and the flex space room to utilize as another bedroom/workspace/play room or game room. Located behind the home is a 20x30 shop. The home is ready for you and your vision of homeownership with evenings watching the sunset on the water views!

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