203 Mitchell Place DrThomasvilleGA31792
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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 Thomasville at 203 Mitchell Place Dr, Thomasville, GA, 31792 listed at $429,000 pairs $3,433/mo rent with a $2,100/mo payment to leave $822/mo cash flow. Total monthly income runs $3,433/mo, and annual cash flow reaches $9,861/yr on $142,214 cash to close. Return on cash invested measures 26.84% in year one, and rental yield registers 9.6% at a $429,000 basis. Equity gained on principal adds $2,768/yr, and annual property appreciation at 5% supports $118,525 by year five. Five-year ROI tracks 139.89% and total cumulative return in cash totals $198,937. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,433/mo property income relative to a $2,100/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2008
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31792, Thomasville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,417 (100%) |
| Owner Occupied HU | 5,792 (50.7%) |
| Renter Occupied HU | 4,331 (37.9%) |
| Vacant Housing Units | 1,294 (11.3%) |
| Median Home Value | $244,769 |
| Average Home Value | $318,708 |
Housing Distribution
Address Breakdown
Residential
10,462
Single Family
9,683
Multi-Family
779
Businesses
1,041
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Listed by: Russ Taylor • KeySouth Real Estate Group, Inc
Mls Name: TABRMLS
Mls ID: #926360