1963 Antioch Church RdEastmanGA31023
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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
Rental property for sale in Eastman at 1963 Antioch Church Rd, Eastman, GA, 31023 priced at $140,000 converts $1,248/mo rent into $396/mo cash flow after a $685/mo obligation. Total monthly income equals $1,248/mo, and annual cash flow totals $4,754/yr on $46,410 invested. Return on cash invested prints 30.15% in year one, and rental yield reads 10.7% against a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation compiles into $38,679 by year five. Five-year ROI reaches 157.75% and total cumulative return in cash sums $73,210. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,248/mo property income covering a $685/mo payment, not borrower’s personal income.
Single Family
Built in 1960
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31023, Eastman, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,250 (100%) |
| Owner Occupied HU | 3,514 (56.2%) |
| Renter Occupied HU | 2,112 (33.8%) |
| Vacant Housing Units | 624 ( 10.0%) |
| Median Home Value | $163,445 |
| Average Home Value | $180,653 |
Housing Distribution
Address Breakdown
Residential
5,446
Single Family
5,370
Multi-Family
76
Businesses
537
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Listed by: Sheri Williams • JOE STOCKDALE REAL ESTATE LLC
Mls Name: CGMLS
Mls ID: #253582
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.