146 Rock Eagle RdMonticelloGA31064
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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
Rental property for sale in Monticello at 146 Rock Eagle Rd, Monticello, GA, 31064 priced at $298,000 converts $2,594/mo rent into $780/mo cash flow after a $1,459/mo obligation. Total monthly income equals $2,594/mo, and annual cash flow totals $9,359/yr on $98,787 invested. Return on cash invested prints 29.38% in year one, and rental yield reads 10.45% against a $298,000 entry. Equity gained on principal adds $1,923/yr, while 5% annual appreciation compiles into $82,332 by year five. Five-year ROI reaches 153.51% and total cumulative return in cash sums $151,652. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,594/mo property income covering a $1,459/mo payment, not borrower’s personal income.
Single Family
Built in 2000
3.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31064, Monticello, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,690 (100%) |
| Owner Occupied HU | 3,347 (71.4%) |
| Renter Occupied HU | 738 (15.7%) |
| Vacant Housing Units | 605 (12.9%) |
| Median Home Value | $265,837 |
| Average Home Value | $298,068 |
Housing Distribution
Address Breakdown
Residential
4,374
Single Family
4,364
Multi-Family
10
Businesses
283
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Listed by: Jason Minchey • Drake Realty Lake Area, Inc.
Mls Name: LCBOR
Mls ID: #69976