1919 Ridgeview DrThomsonGA30824
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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 Thomson at 1919 Ridgeview Dr, Thomson, GA, 30824 earns $380/mo cash flow from $1,535/mo rent with a $929/mo payment. Total monthly income totals $1,535/mo, and annual cash flow totals $4,556/yr on $62,952 capital. ROI tracks 27.15% on current figures, and rental yield reads 9.7% at a $189,900 purchase. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 over five years. Five-year ROI reaches 141.53% and total cumulative return in cash sums $89,093. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,535/mo property income instead of your personal income.
Manufactured
Built in 2001
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30824, Thomson, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,563 (100%) |
| Owner Occupied HU | 4,491 (59.4%) |
| Renter Occupied HU | 2,394 (31.7%) |
| Vacant Housing Units | 678 ( 9.0%) |
| Median Home Value | $183,383 |
| Average Home Value | $229,915 |
Housing Distribution
Address Breakdown
Residential
7,158
Single Family
7,023
Multi-Family
135
Businesses
694
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