1305 Wages Bridge RdNicholsonGA30565
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 Nicholson at 1305 Wages Bridge Rd, Nicholson, GA, 30565 priced at $135,000 converts $1,470/mo rent into $648/mo cash flow after a $661/mo obligation. Total monthly income equals $1,470/mo, and annual cash flow totals $7,777/yr on $44,753 invested. Return on cash invested prints 37.29% in year one, and rental yield reads 13.07% against a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation compiles into $37,298 by year five. Five-year ROI reaches 196.01% and total cumulative return in cash sums $87,721. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,470/mo property income covering a $661/mo payment, not borrower’s personal income.
Manufactured
Built in 1969
2.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30565, Nicholson, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,876 (100%) |
| Owner Occupied HU | 1,401 (74.7%) |
| Renter Occupied HU | 361 (19.2%) |
| Vacant Housing Units | 114 ( 6.1%) |
| Median Home Value | $263,021 |
| Average Home Value | $305,212 |
Housing Distribution
Address Breakdown
Residential
1,841
Single Family
1,841
Multi-Family
0
Businesses
53
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Listed by: Jennifer Rigdon • Virtual Properties Realty.com
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7385547
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