18 Eddye LnRay CityGA31645
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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 Ray City at 18 Eddye Ln, Ray City, GA, 31645 at $199,000 posts ROI 22.09% with $120/mo cash flow from $1,331/mo rent. Total monthly income equals $1,331/mo, and annual cash flow records $1,438/yr on $65,969 to close. Return on cash invested measures 22.09% and rental yield reads 8.03% at the current $199,000. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 by year five. Five-year ROI prints 114.41% and total cumulative return in cash totals $75,474.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,331/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1994
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31645, Ray City, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,167 (100%) |
| Owner Occupied HU | 1,329 (61.3%) |
| Renter Occupied HU | 624 (28.8%) |
| Vacant Housing Units | 214 ( 9.9%) |
| Median Home Value | $181,706 |
| Average Home Value | $190,028 |
Housing Distribution
Address Breakdown
Residential
1,863
Single Family
1,863
Multi-Family
0
Businesses
45
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