16491 State Highway 57IrwintonGA31042
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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 Irwinton at 16491 State Highway 57, Irwinton, GA, 31042 generates $1,525/mo in rent and, after a $827/mo payment, leaves $497/mo in cash flow. Total monthly income is $1,525/mo, and annual cash flow is $5,959/yr on $56,024 invested. Return on cash invested sits at 30.55% in year one, and rental yield is 10.83% on a $169,000 entry. Equity gained on principal adds $1,091/yr, while 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 159.78% and total cumulative return in cash sums $89,515. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,525/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31042, Irwinton, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 761 (100%) |
| Owner Occupied HU | 451 (59.3%) |
| Renter Occupied HU | 166 (21.8%) |
| Vacant Housing Units | 144 (18.9%) |
| Median Home Value | $91,591 |
| Average Home Value | $117,894 |
Housing Distribution
Address Breakdown
Residential
581
Single Family
581
Multi-Family
0
Businesses
76
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Listed by: Holly Sanders • SOUTHERN RIVERS PROPERTIES, INC
Mls Name: CGMLS
Mls ID: #245336
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.