196 Harmony Rd SESilver CreekGA30173
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
Investment Highlights
Investment property for sale in Silver Creek at 196 Harmony Rd SE, Silver Creek, GA, 30173 offers a 12.31% rental yield on a $164,000 purchase with $1,682/mo rent. Total monthly income registers $1,682/mo, and a $803/mo payment leaves $684/mo available for distribution. Annual cash flow reaches $8,203/yr on $54,366 to close, and return on cash invested stands at 35% in year one. Equity gained on principal adds $1,058/yr while 5% annual appreciation supports $45,310 over five years. Portfolio math shows five-year ROI at 183.66% and total cumulative return in cash at $99,849. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,682/mo property income against a $803/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2004
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30173, Silver Creek, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,568 (100%) |
| Owner Occupied HU | 1,859 (72.4%) |
| Renter Occupied HU | 530 (20.6%) |
| Vacant Housing Units | 179 ( 7.0%) |
| Median Home Value | $257,540 |
| Average Home Value | $291,040 |
Housing Distribution
Address Breakdown
Residential
2,496
Single Family
2,496
Multi-Family
0
Businesses
59
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Listed by: Allie Reddish • Key To Your Home Realty
Mls Name: GAMLS
Mls Provider:
Mls ID: #10370545
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.