151 W Washington StMilledgevilleGA31061
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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 Milledgeville at 151 W Washington St, Milledgeville, GA, 31061 priced at $298,500 converts $1,936/mo rent into $119/mo cash flow after a $1,461/mo obligation. Total monthly income equals $1,936/mo, and annual cash flow totals $1,431/yr on $98,953 invested. Return on cash invested prints 21.36% in year one, and rental yield reads 7.78% against a $298,500 entry. Equity gained on principal adds $1,926/yr, while 5% annual appreciation compiles into $82,470 by year five. Five-year ROI reaches 110.5% and total cumulative return in cash sums $109,341. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,936/mo property income covering a $1,461/mo payment, not borrower’s personal income.
Single Family
Built in 1955
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31061, Milledgeville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,866 (100%) |
| Owner Occupied HU | 9,803 (49.3%) |
| Renter Occupied HU | 6,348 (32.0%) |
| Vacant Housing Units | 3,715 (18.7%) |
| Median Home Value | $224,135 |
| Average Home Value | $295,359 |
Housing Distribution
Address Breakdown
Residential
17,899
Single Family
16,975
Multi-Family
924
Businesses
1,303
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Listed by: Fancy Robinson • Fickling Lake Country,LLC
Mls Name: GAMLS
Mls ID: #10678868