122 Merry Ct NWMilledgevilleGA31061
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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
Investment property for sale in Milledgeville at 122 Merry Ct NW, Milledgeville, GA, 31061 at $239,000 posts ROI 22.35% with $161/mo cash flow from $1,616/mo rent. Total monthly income equals $1,616/mo, and annual cash flow records $1,934/yr on $79,229 to close. Return on cash invested measures 22.35% and rental yield reads 8.11% at the current $239,000. Equity gained on principal adds $1,542/yr, and 5% annual appreciation supports $66,031 by year five. Five-year ROI prints 115.85% and total cumulative return in cash totals $91,788.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,616/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1998
2.41 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: Robert Binion • Robert Binion Real Estate
Mls Name: Milledgeville MLS
Mls ID: #52964