117 Melba StNashvilleGA31639
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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 Nashville at 117 Melba St, Nashville, GA, 31639 with 5% annual appreciation on a $219,900 basis while $1,561/mo rent supports operations. Total monthly income totals $1,561/mo and a $1,076/mo payment preserves $223/mo for cash returns. Annual cash flow comes to $2,675/yr on $72,897 deployed, and return on cash invested reaches 23.58% in year one. Equity gained on principal adds $1,419/yr, and five-year appreciation sums $60,754 alongside rental yield of 8.52%. Five-year ROI measures 122.38% and total cumulative return in cash totals $89,212.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,561/mo property income versus a $1,076/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31639, Nashville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,538 (100%) |
| Owner Occupied HU | 2,761 (60.8%) |
| Renter Occupied HU | 1,259 (27.7%) |
| Vacant Housing Units | 518 (11.4%) |
| Median Home Value | $160,286 |
| Average Home Value | $179,268 |
Housing Distribution
Address Breakdown
Residential
4,218
Single Family
4,161
Multi-Family
57
Businesses
432
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