195 Goodlin RdPalmettoGA30268
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 195 Goodlin Rd, Palmetto, GA, 30268 in Palmetto. At $186,250 it earns $1,426/mo in rent and distributes $292/mo to the owner after the $838/mo payment, a consistent 9.19% yield. DSCR 1.70 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $51,457 in value; $1,715/yr in principal paydown compounds ownership stake. Total projected return: $89,444.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.5% |
| Monthly Cash Flow | $292 | $300 |
City averages based on Palmetto market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,426 |
| Total Monthly Debt Service | $1,059 |
| DSCR Ratio | 1.35x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Manufactured
Built in 1980
8.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30268, Palmetto, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,877 (100%) |
| Owner Occupied HU | 3,219 (66.0%) |
| Renter Occupied HU | 1,144 (23.5%) |
| Vacant Housing Units | 514 (10.5%) |
| Median Home Value | $306,511 |
| Average Home Value | $434,021 |
Housing Distribution
Address Breakdown
Residential
4,608
Single Family
3,796
Multi-Family
812
Businesses
401
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
Manufactured
Built in 1980
8.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30268, Palmetto, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,877 (100%) |
| Owner Occupied HU | 3,219 (66.0%) |
| Renter Occupied HU | 1,144 (23.5%) |
| Vacant Housing Units | 514 (10.5%) |
| Median Home Value | $306,511 |
| Average Home Value | $434,021 |
Housing Distribution
Address Breakdown
Residential
4,608
Single Family
3,796
Multi-Family
812
Businesses
401
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices