183 Baggs Ave SEPelhamGA31779
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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
Investment Highlights
Rental property for sale in Pelham at 183 Baggs Ave SE, Pelham, GA, 31779 offers $1,488/mo rent that, after a $857/mo payment, leaves $422/mo cash flow. Total monthly income is $1,488/mo, and annual cash flow is $5,070/yr on $58,013 cash. Return on cash invested measures 28.65% in year one, and rental yield stands at 10.2% at a $175,000 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,349 by year five. Five-year ROI records 149.63% and total cumulative return in cash reaches $86,803. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,488/mo property income versus a $857/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1941
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31779, Pelham, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,244 (100%) |
| Owner Occupied HU | 1,953 (60.2%) |
| Renter Occupied HU | 989 (30.5%) |
| Vacant Housing Units | 302 ( 9.3%) |
| Median Home Value | $171,338 |
| Average Home Value | $224,224 |
Housing Distribution
Address Breakdown
Residential
3,105
Single Family
3,081
Multi-Family
24
Businesses
226
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