118 3rd AveThomasvilleGA31792
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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 Thomasville at 118 3rd Ave, Thomasville, GA, 31792 earns $210/mo cash flow from $1,062/mo rent with a $685/mo payment. Total monthly income totals $1,062/mo, and annual cash flow totals $2,523/yr on $46,377 capital. ROI tracks 25.35% on current figures, and rental yield reads 9.11% at a $139,900 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 over five years. Five-year ROI reaches 131.97% and total cumulative return in cash sums $61,203. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,062/mo property income instead of your personal income.
Single Family
Built in 1968
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31792, Thomasville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,417 (100%) |
| Owner Occupied HU | 5,792 (50.7%) |
| Renter Occupied HU | 4,331 (37.9%) |
| Vacant Housing Units | 1,294 (11.3%) |
| Median Home Value | $244,769 |
| Average Home Value | $318,708 |
Housing Distribution
Address Breakdown
Residential
10,462
Single Family
9,683
Multi-Family
779
Businesses
1,041
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Listed by: Eugene Witherspoon • KeySouth Real Estate Group, Inc
Mls Name: TABRMLS
Mls ID: #925625