15 Evergreen DrSummervilleGA30747
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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 Summerville at 15 Evergreen Dr, Summerville, GA, 30747 priced at $139,000 converts $1,117/mo rent into $271/mo cash flow after a $680/mo obligation. Total monthly income equals $1,117/mo, and annual cash flow totals $3,256/yr on $46,079 invested. Return on cash invested prints 26.98% in year one, and rental yield reads 9.64% against a $139,000 entry. Equity gained on principal adds $897/yr, while 5% annual appreciation compiles into $38,403 by year five. Five-year ROI reaches 140.67% and total cumulative return in cash sums $64,820. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,117/mo property income covering a $680/mo payment, not borrower’s personal income.
Single Family
Built in 1940
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30747, Summerville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,781 (100%) |
| Owner Occupied HU | 4,098 (60.4%) |
| Renter Occupied HU | 1,929 (28.4%) |
| Vacant Housing Units | 754 (11.1%) |
| Median Home Value | $138,110 |
| Average Home Value | $185,207 |
Housing Distribution
Address Breakdown
Residential
6,463
Single Family
6,235
Multi-Family
228
Businesses
480
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Listed by: Rick Wyatt • Rick Wyatt Realty, Inc.
Mls Name: GAMLS
Mls ID: #10610073