1644 Rigby RdEastmanGA31023
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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 Eastman at 1644 Rigby Rd, Eastman, GA, 31023 offers $750/mo rent that, after a $6,240/mo payment. Total monthly income is $750/mo. Return on cash invested measures 0.01% in year one, and rental yield stands at 0.71% at a $1,275,000 entry. Equity gained on principal adds $8,227/yr while 5% annual appreciation compounds into $352,259 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $750/mo property income versus a $6,240/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
135 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31023, Eastman, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,250 (100%) |
| Owner Occupied HU | 3,514 (56.2%) |
| Renter Occupied HU | 2,112 (33.8%) |
| Vacant Housing Units | 624 ( 10.0%) |
| Median Home Value | $163,445 |
| Average Home Value | $180,653 |
Housing Distribution
Address Breakdown
Residential
5,446
Single Family
5,370
Multi-Family
76
Businesses
537
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Listed by: Becky Colson Mullis • GOOD THING REALTY LLC
Mls Name: CGMLS
Mls ID: #250639
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.