198 Meadow Rd, Alma, GA, 31510 | $136/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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198 Meadow Rd, Alma, GA, 31510 | $136/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Alma at 198 Meadow Rd, Alma, GA, 31510 listed at $299,995 pairs $1,961/mo rent with a $1,468/mo payment to leave $136/mo cash flow. Total monthly income runs $1,961/mo, and annual cash flow reaches $1,626/yr on $99,448 cash to close. Return on cash invested measures 21.54% in year one, and rental yield registers 7.84% at a $299,995 basis. Equity gained on principal adds $1,936/yr, and annual property appreciation at 5% supports $82,883 by year five. Five-year ROI tracks 111.49% and total cumulative return in cash totals $110,878. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,961/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1991

10.80 Acres lot

$N/A/sqft

No HOA

More details about the property

Home includes 10.80 ACRES. Built in 1991 with 1805 sq ft. Has an open concept floorplan. Large Kitchen, bar that seats 4, large dining area & the living area is open with a floor to ceiling brick fireplace & a wood burning stove. Custom built-ins on either side of the fireplace. Large shop, private deep well & city septic. Chain length fence in the back yard & a small pond. Master is very spacious with a step in shower. Has a very large laundry/pantry room right off the kitchen. Roof is approximately 5 yrs old. Located in Bacon Co. but only minutes from town. About 30. minute drive to Waycross, Douglas & Baxley. Do you like Golf, then you need to take a look at the Blueberry Inn Golf & Country Club. With an 18 hole golf course. Alma is a short drive to Brunswick & Savannah Ga. About 2.5 hrs drive to Jacksonville Fl. Ask about our no down payment loan. Call or text me for more showing information at 912-387-1686.

Neighborhood Data

Neighborhood data shown for ZIP Code: 31510, Alma, GA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,238 (100%)
Owner Occupied HU	2,634 (62.2%)
Renter Occupied HU	1,117 (26.4%)
Vacant Housing Units	487 (11.5%)
Median Home Value	$129,459
Average Home Value	$168,139