178 Fairplay StRutledgeGA30663
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors who treat current yield as secondary to long-run equity growth will find 178 Fairplay St, Rutledge, GA, 30663 in Rutledge worth modelling. At $369,000 with a 7.47% gross yield, the $2,297/mo rent leaves $51/mo after the $1,659/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.38 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $101,948 by year five; $3,399/yr in principal reduction adds further equity. Total projected return: $143,106.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 6.2% |
| Monthly Cash Flow | $51 | $300 |
City averages based on Rutledge market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,297 |
| Total Monthly Debt Service | $2,099 |
| DSCR Ratio | 1.09x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1900
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30663, Rutledge, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,494 (100%) |
| Owner Occupied HU | 1,146 (76.7%) |
| Renter Occupied HU | 225 (15.1%) |
| Vacant Housing Units | 123 ( 8.2%) |
| Median Home Value | $368,905 |
| Average Home Value | $426,776 |
Housing Distribution
Address Breakdown
Residential
1,153
Single Family
1,153
Multi-Family
0
Businesses
81
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1900
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30663, Rutledge, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,494 (100%) |
| Owner Occupied HU | 1,146 (76.7%) |
| Renter Occupied HU | 225 (15.1%) |
| Vacant Housing Units | 123 ( 8.2%) |
| Median Home Value | $368,905 |
| Average Home Value | $426,776 |
Housing Distribution
Address Breakdown
Residential
1,153
Single Family
1,153
Multi-Family
0
Businesses
81
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices