15 S Melrose DrReynoldsGA31076
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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 Reynolds at 15 S Melrose Dr, Reynolds, GA, 31076 uses $112,180 cash to close to unlock $4,833/yr annual cash flow and $403/mo monthly cash flow. Total monthly income runs $2,462/mo, and a $1,656/mo payment keeps the spread at $403/mo. Purchase price stands at $338,400, and rental yield measures 8.73% with $2,462/mo rent. Return on cash invested shows 24.22% in year one, and 5% annual appreciation builds toward $93,494 over five years. Five-year ROI reaches 125.81% and total cumulative return in cash records $141,128. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,462/mo property income covering a $1,656/mo payment rather than investor’s personal income.
Single Family
Built in 1970
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31076, Reynolds, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,563 (100%) |
| Owner Occupied HU | 973 (62.3%) |
| Renter Occupied HU | 345 (22.1%) |
| Vacant Housing Units | 245 (15.7%) |
| Median Home Value | $138,564 |
| Average Home Value | $189,088 |
Housing Distribution
Address Breakdown
Residential
1,002
Single Family
1,001
Multi-Family
1
Businesses
80
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