122 Ivey Weaver Rd NEMilledgevilleGA31061
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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 122 Ivey Weaver Rd NE, Milledgeville, GA, 31061 priced at $499,000 pairs $3,299/mo rent with $262/mo cash flow after a $2,442/mo payment. Total monthly income equals $3,299/mo, and annual cash flow comes to $3,148/yr on $165,419 invested. Return on cash invested is 21.81% in year one, and rental yield stands at 7.93% on a $499,000 basis. Equity gained on principal adds $3,220/yr, and 5% annual appreciation accumulates to $137,865 by year five. Five-year ROI measures 112.92% and total cumulative return in cash reaches $186,798. For financing, Ziffy Mortgage’s DSCR program evaluates $3,299/mo property income against a $2,442/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
16.08 Acres 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: Danielle McLemore • Lake Water Living McLemore Realty
Mls Name: GAMLS
Mls ID: #10584055