138 Augusta AveThomasvilleGA31792
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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 Thomasville at 138 Augusta Ave, Thomasville, GA, 31792 offers a 9.21% rental yield on a $129,900 purchase with $997/mo rent. Total monthly income registers $997/mo, and a $636/mo payment leaves $206/mo available for distribution. Annual cash flow reaches $2,474/yr on $43,062 to close, and return on cash invested stands at 25.66% in year one. Equity gained on principal adds $838/yr while 5% annual appreciation supports $35,889 over five years. Portfolio math shows five-year ROI at 133.61% and total cumulative return in cash at $57,535. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $997/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31792, Thomasville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,417 (100%) |
| Owner Occupied HU | 5,792 (50.7%) |
| Renter Occupied HU | 4,331 (37.9%) |
| Vacant Housing Units | 1,294 (11.3%) |
| Median Home Value | $244,769 |
| Average Home Value | $318,708 |
Housing Distribution
Address Breakdown
Residential
10,462
Single Family
9,683
Multi-Family
779
Businesses
1,041
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Listed by: Eugene Witherspoon • KeySouth Real Estate Group, Inc
Mls Name: TABRMLS
Mls ID: #926104