2006 Melrose PlKathleenGA31047
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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 Kathleen at 2006 Melrose Pl, Kathleen, GA, 31047 earns $563/mo cash flow from $2,687/mo rent with a $1,708/mo payment. Total monthly income totals $2,687/mo, and annual cash flow totals $6,757/yr on $115,694 capital. ROI tracks 25.75% on current figures, and rental yield reads 9.24% at a $349,000 purchase. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,422 over five years. Five-year ROI reaches 134.05% and total cumulative return in cash sums $155,088. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,687/mo property income instead of your personal income.
Single Family
Built in 2007
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31047, Kathleen, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,804 (100%) |
| Owner Occupied HU | 5,244 (77.1%) |
| Renter Occupied HU | 1,224 (18.0%) |
| Vacant Housing Units | 336 ( 4.9%) |
| Median Home Value | $335,260 |
| Average Home Value | $367,641 |
Housing Distribution
Address Breakdown
Residential
6,962
Single Family
6,730
Multi-Family
232
Businesses
146
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