1720 E Black Island RdDarienGA31305
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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
Investment property for sale in Darien at 1720 E Black Island Rd, Darien, GA, 31305 offers a 11.68% rental yield on a $499,900 purchase with $4,865/mo rent. Total monthly income registers $4,865/mo, and a $2,447/mo payment leaves $1,756/mo available for distribution. Annual cash flow reaches $21,067/yr on $165,717 to close, and return on cash invested stands at 32.62% in year one. Equity gained on principal adds $3,226/yr while 5% annual appreciation supports $138,113 over five years. Portfolio math shows five-year ROI at 171.06% and total cumulative return in cash at $283,476. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,865/mo property income against a $2,447/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
1 Acres lot
$N/A/sqft
$800 annually HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 31305, Darien, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,489 (100%) |
| Owner Occupied HU | 1,538 (61.8%) |
| Renter Occupied HU | 509 (20.4%) |
| Vacant Housing Units | 442 (17.8%) |
| Median Home Value | $203,791 |
| Average Home Value | $238,558 |
Housing Distribution
Address Breakdown
Residential
1,906
Single Family
1,861
Multi-Family
45
Businesses
285
Price History
Date | Event | Price |
|---|---|---|
| 2024-08-15 | Price change | $499,900 |
| 2021-11-03 | Price change | $399,000 |
| 2021-11-02 | Price change | $389,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-09-14 | $1010.35 | 5.99% | $93,132 | 19.87% |
| 2021-09-14 | $953.21 | 0.65% | $77,692 | 0.95% |
| 2020-09-14 | $947.01 | -5.02% | $76,960 | -5.64% |
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Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1976
- Architectural Style: Ranch
- Building Area: 2,308
- Living Area: 2,308 sqft
- Property Condition: Resale
Features & Amenities
- Heating: Central, Electric, Heat Pump
- Cooling: Ceiling Fan(s), Central Air, Heat Pump
- Flooring: Other
- Interior Features: Bookcases, Master Downstairs
- Exterior Features: Other, Water Feature
- Parking Features: Attached, Carport, Garage, Garage Door Opener, Kitchen Level, RV/Boat Parking, Storage
Location
HOA & Fees
- HOA Fee: $800 annually
- Association Fee: $800 annually
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: Maintenance Grounds, Management Fee, Other, Private Roads, Reserve Fund, Water
Utilities
- Utilities: Cable Available, Electricity Available, High Speed Internet, Other, Phone Available, Propane, Water Available
- Sewer: Septic Tank
- Water Source: Shared Well, Well
- Road Surface Type: N/A
School Information
- Elementary School: Todd Grant
- Middle School: Mcintosh County
- High School: Mcintosh Academy
What's Special
Pull Down Stairs
Listed by: Cindy N Irwin • HomeSmart
Mls Name: GAMLS
Mls Provider:
Mls ID: #10358945
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