118 Ridgeway RdMilnerGA30257
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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
Rental property for sale in Milner at 118 Ridgeway Rd, Milner, GA, 30257 generates $2,465/mo in rent and, after a $1,957/mo payment, leaves $31/mo in cash flow. Total monthly income is $2,465/mo, and annual cash flow is $377/yr on $132,567 invested. Return on cash invested sits at 20.19% in year one, and rental yield is 7.4% on a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 104.25% and total cumulative return in cash sums $138,200. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,465/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
2.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30257, Milner, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,134 (100%) |
| Owner Occupied HU | 1,616 (75.7%) |
| Renter Occupied HU | 341 (16.0%) |
| Vacant Housing Units | 177 ( 8.3%) |
| Median Home Value | $277,622 |
| Average Home Value | $319,667 |
Housing Distribution
Address Breakdown
Residential
2,199
Single Family
2,199
Multi-Family
0
Businesses
95
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