1286 Homestead DrEllabellGA31308
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 1286 Homestead Dr, Ellabell, GA, 31308 in Ellabell hard to pass up. The 20.24% gross yield on a $120,000 purchase results in $2,024/mo in rent and $1,294/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (3.75). Annual cash flow of $15,529, five-year appreciation of $33,154, and $1,105/yr in equity build-up combine for a projected total cumulative return of $128,673.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 20.2% | 6.0% |
| Monthly Cash Flow | $1,294 | $250 |
City averages based on Ellabell market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,024 |
| Total Monthly Debt Service | $683 |
| DSCR Ratio | 2.97x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1990
2.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31308, Ellabell, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,772 (100%) |
| Owner Occupied HU | 2,907 (77.1%) |
| Renter Occupied HU | 579 (15.3%) |
| Vacant Housing Units | 286 ( 7.6%) |
| Median Home Value | $212,356 |
| Average Home Value | $254,332 |
Housing Distribution
Address Breakdown
Residential
3,289
Single Family
3,289
Multi-Family
0
Businesses
150
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
Manufactured
Built in 1990
2.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31308, Ellabell, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,772 (100%) |
| Owner Occupied HU | 2,907 (77.1%) |
| Renter Occupied HU | 579 (15.3%) |
| Vacant Housing Units | 286 ( 7.6%) |
| Median Home Value | $212,356 |
| Average Home Value | $254,332 |
Housing Distribution
Address Breakdown
Residential
3,289
Single Family
3,289
Multi-Family
0
Businesses
150
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dewayne C. Hilliard • Keller Williams Coastal Area P
Mls Name: Hive MLS
Mls Provider:
Mls ID: #315169
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.