119 S St NWThomastonGA30286
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
Investment Highlights
Rental property for sale in Thomaston at 119 S St NW, Thomaston, GA, 30286 priced at $196,000 pairs $1,309/mo rent with $116/mo cash flow after a $959/mo payment. Total monthly income equals $1,309/mo, and annual cash flow comes to $1,397/yr on $64,974 invested. Return on cash invested is 22.06% in year one, and rental yield stands at 8.01% on a $196,000 basis. Equity gained on principal adds $1,265/yr, and 5% annual appreciation accumulates to $54,151 by year five. Five-year ROI measures 114.27% and total cumulative return in cash reaches $74,244. For financing, Ziffy Mortgage’s DSCR program evaluates $1,309/mo property income against a $959/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1929
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30286, Thomaston, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,873 (100%) |
| Owner Occupied HU | 6,037 (55.5%) |
| Renter Occupied HU | 3,840 (35.3%) |
| Vacant Housing Units | 996 ( 9.2%) |
| Median Home Value | $172,390 |
| Average Home Value | $218,651 |
Housing Distribution
Address Breakdown
Residential
10,465
Single Family
10,287
Multi-Family
178
Businesses
827
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