120 E Screven StMilledgevilleGA31061
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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 Milledgeville at 120 E Screven St, Milledgeville, GA, 31061 priced at $255,000 pairs $2,129/mo rent with $577/mo cash flow after a $1,248/mo payment. Total monthly income equals $2,129/mo, and annual cash flow comes to $6,925/yr on $84,533 invested. Return on cash invested is 28.1% in year one, and rental yield stands at 10.02% on a $255,000 basis. Equity gained on principal adds $1,645/yr, and 5% annual appreciation accumulates to $70,452 by year five. Five-year ROI measures 146.69% and total cumulative return in cash reaches $124,004. For financing, Ziffy Mortgage’s DSCR program evaluates $2,129/mo property income against a $1,248/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1967
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31061, Milledgeville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,866 (100%) |
| Owner Occupied HU | 9,803 (49.3%) |
| Renter Occupied HU | 6,348 (32.0%) |
| Vacant Housing Units | 3,715 (18.7%) |
| Median Home Value | $224,135 |
| Average Home Value | $295,359 |
Housing Distribution
Address Breakdown
Residential
17,899
Single Family
16,975
Multi-Family
924
Businesses
1,303
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Listed by: Lew Burdett • Berkshire Hathaway HomeServices Georgia Properties
Mls Name: MGMLS
Mls ID: #181436