121 Elm StGordonGA31031
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 Gordon at 121 Elm St, Gordon, GA, 31031 offers $1,298/mo rent that, after a $832/mo payment, leaves $264/mo cash flow. Total monthly income is $1,298/mo, and annual cash flow is $3,162/yr on $56,322 cash. Return on cash invested measures 25.52% in year one, and rental yield stands at 9.17% at a $169,900 entry. Equity gained on principal adds $1,096/yr while 5% annual appreciation compounds into $46,940 by year five. Five-year ROI records 132.83% and total cumulative return in cash reaches $74,810. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,298/mo property income versus a $832/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31031, Gordon, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,646 (100%) |
| Owner Occupied HU | 1,803 (68.1%) |
| Renter Occupied HU | 459 (17.3%) |
| Vacant Housing Units | 384 (14.5%) |
| Median Home Value | $119,602 |
| Average Home Value | $178,325 |
Housing Distribution
Address Breakdown
Residential
2,419
Single Family
2,350
Multi-Family
69
Businesses
119
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