193 Pine Ridge PlNicholsonGA30565
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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 Nicholson at 193 Pine Ridge Pl, Nicholson, GA, 30565 offers a 8.48% rental yield on a $235,900 purchase with $1,667/mo rent. Total monthly income registers $1,667/mo, and a $1,155/mo payment leaves $231/mo available for distribution. Annual cash flow reaches $2,771/yr on $78,201 to close, and return on cash invested stands at 23.45% in year one. Equity gained on principal adds $1,522/yr while 5% annual appreciation supports $65,175 over five years. Portfolio math shows five-year ROI at 121.7% and total cumulative return in cash at $95,171. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,667/mo property income against a $1,155/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2003
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30565, Nicholson, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,876 (100%) |
| Owner Occupied HU | 1,401 (74.7%) |
| Renter Occupied HU | 361 (19.2%) |
| Vacant Housing Units | 114 ( 6.1%) |
| Median Home Value | $263,021 |
| Average Home Value | $305,212 |
Housing Distribution
Address Breakdown
Residential
1,841
Single Family
1,841
Multi-Family
0
Businesses
53
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Listed by: Stephanie Spivey • Nabo Realty, LLC
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1025323
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.