1620 R L Sears RdNorman ParkGA31771
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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 Norman Park at 1620 R L Sears Rd, Norman Park, GA, 31771 generates $2,455/mo in rent and, after a $1,664/mo payment, leaves $386/mo in cash flow. Total monthly income is $2,455/mo, and annual cash flow is $4,630/yr on $112,710 invested. Return on cash invested sits at 24.02% in year one, and rental yield is 8.66% on a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 124.73% and total cumulative return in cash sums $140,586. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,455/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31771, Norman Park, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,449 (100%) |
| Owner Occupied HU | 1,541 (62.9%) |
| Renter Occupied HU | 654 (26.7%) |
| Vacant Housing Units | 254 (10.4%) |
| Median Home Value | $96,566 |
| Average Home Value | $169,280 |
Housing Distribution
Address Breakdown
Residential
1,844
Single Family
1,844
Multi-Family
0
Businesses
61
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Listed by: Caleb Hunter • Mattco Realtors
Mls Name: Moultrie BOR
Mls ID: #913523