1501 W Screven StQuitmanGA31643
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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 Quitman at 1501 W Screven St, Quitman, GA, 31643 offers a 11.83% rental yield on a $317,790 purchase with $3,133/mo rent. Total monthly income registers $3,133/mo, and a $1,555/mo payment leaves $1,083/mo available for distribution. Annual cash flow reaches $12,996/yr on $105,347 to close, and return on cash invested stands at 32.25% in year one. Equity gained on principal adds $2,051/yr while 5% annual appreciation supports $87,800 over five years. Portfolio math shows five-year ROI at 169.39% and total cumulative return in cash at $178,445. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,133/mo property income against a $1,555/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
3.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31643, Quitman, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,926 (100%) |
| Owner Occupied HU | 2,240 (57.1%) |
| Renter Occupied HU | 1,184 (30.2%) |
| Vacant Housing Units | 502 (12.8%) |
| Median Home Value | $158,147 |
| Average Home Value | $243,631 |
Housing Distribution
Address Breakdown
Residential
3,588
Single Family
3,491
Multi-Family
97
Businesses
345
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