119 Horseshoe LoopSwainsboroGA30401
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 119 Horseshoe Loop, Swainsboro, GA, 30401 in Swainsboro deserves attention. This $208,900 property earns $1,859/mo in rent, a 10.68% gross yield, and nets $587/mo after the $939/mo payment. DSCR 1.98 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $57,715 compounds alongside $1,924/yr in yearly equity build, for a total cumulative return of $116,993.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 6.0% |
| Monthly Cash Flow | $587 | $300 |
City averages based on Swainsboro market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,859 |
| Total Monthly Debt Service | $1,188 |
| DSCR Ratio | 1.56x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1988
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30401, Swainsboro, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,877 (100%) |
| Owner Occupied HU | 3,036 (51.7%) |
| Renter Occupied HU | 2,168 (36.9%) |
| Vacant Housing Units | 673 (11.5%) |
| Median Home Value | $116,715 |
| Average Home Value | $172,922 |
Housing Distribution
Address Breakdown
Residential
5,299
Single Family
5,230
Multi-Family
69
Businesses
725
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
Single Family
Built in 1988
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30401, Swainsboro, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,877 (100%) |
| Owner Occupied HU | 3,036 (51.7%) |
| Renter Occupied HU | 2,168 (36.9%) |
| Vacant Housing Units | 673 (11.5%) |
| Median Home Value | $116,715 |
| Average Home Value | $172,922 |
Housing Distribution
Address Breakdown
Residential
5,299
Single Family
5,230
Multi-Family
69
Businesses
725
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melvin Charles Tapley • South Central Realty
Mls Name: GAMLS
Mls ID: #10569154