1802 E Highway 32DouglasGA31533
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 1802 E Highway 32, Douglas, GA, 31533 in Douglas the bet is firmly on appreciation. Rental yield 2.85%. The 2.85% gross yield on a $469,000 price is below income-first thresholds, but 5%/yr value growth projects $129,576 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.53) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $65,543.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.9% | 6.0% |
| Monthly Cash Flow | $(1,742) | $300 |
City averages based on Douglas market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,112 |
| Total Monthly Debt Service | $2,668 |
| DSCR Ratio | 0.42x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 N/A
3.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31533, Douglas, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,000 (100%) |
| Owner Occupied HU | 3,478 (49.7%) |
| Renter Occupied HU | 2,687 (38.4%) |
| Vacant Housing Units | 835 (11.9%) |
| Median Home Value | $157,522 |
| Average Home Value | $189,629 |
Housing Distribution
Address Breakdown
Residential
6,665
Single Family
6,424
Multi-Family
241
Businesses
985
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 N/A
3.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31533, Douglas, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,000 (100%) |
| Owner Occupied HU | 3,478 (49.7%) |
| Renter Occupied HU | 2,687 (38.4%) |
| Vacant Housing Units | 835 (11.9%) |
| Median Home Value | $157,522 |
| Average Home Value | $189,629 |
Housing Distribution
Address Breakdown
Residential
6,665
Single Family
6,424
Multi-Family
241
Businesses
985
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices