164 Alexander LnFortsonGA31808
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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 Fortson at 164 Alexander Ln, Fortson, GA, 31808 priced at $339,000 converts $1,870/mo rent into after a $1,659/mo obligation. Total monthly income equals $1,870/mo. Return on cash invested prints 17.85% in year one, and rental yield reads 6.62% against a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation compiles into $93,659 by year five. Five-year ROI reaches 91.69% and total cumulative return in cash sums $103,036. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,870/mo property income covering a $1,659/mo payment, not borrower’s personal income.
Single Family
Built in 2022
6.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31808, Fortson, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,521 (100%) |
| Owner Occupied HU | 2,582 (73.3%) |
| Renter Occupied HU | 708 (20.1%) |
| Vacant Housing Units | 231 ( 6.6%) |
| Median Home Value | $337,020 |
| Average Home Value | $390,841 |
Housing Distribution
Address Breakdown
Residential
3,568
Single Family
3,280
Multi-Family
288
Businesses
375
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