137 Main St SSmithvilleGA31787
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 137 Main St S, Smithville, GA, 31787 in Smithville is narrow, $166/mo net on $863/mo rent after the $494/mo debt service, but the property operates at break-even-plus, not a loss. At $109,900 with a 9.12% yield, the long-run equity case via 5% appreciation ($30,363 over five years) and $1,012/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.75 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $54,172.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.0% |
| Monthly Cash Flow | $166 | $300 |
City averages based on Smithville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $863 |
| Total Monthly Debt Service | $625 |
| DSCR Ratio | 1.38x |
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.
Single Family
Built in 1961
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31787, Smithville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 818 (100%) |
| Owner Occupied HU | 560 (68.5%) |
| Renter Occupied HU | 160 (19.6%) |
| Vacant Housing Units | 98 (12.0%) |
| Median Home Value | $331,159 |
| Average Home Value | $312,179 |
Housing Distribution
Address Breakdown
Residential
481
Single Family
481
Multi-Family
0
Businesses
22
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
Single Family
Built in 1961
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31787, Smithville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 818 (100%) |
| Owner Occupied HU | 560 (68.5%) |
| Renter Occupied HU | 160 (19.6%) |
| Vacant Housing Units | 98 (12.0%) |
| Median Home Value | $331,159 |
| Average Home Value | $312,179 |
Housing Distribution
Address Breakdown
Residential
481
Single Family
481
Multi-Family
0
Businesses
22
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary Kathryn Davis • Whaley Realty, Inc.
Mls Name: Americus BOR
Mls ID: #907167
Disclaimer: Copyright Americus Board of Realtors, Inc. All rights reserved. Information is deemed reliable but not guaranteed.