204 Norchester Ave #115HogansvilleGA30230
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow204 Norchester Ave #115, Hogansville, GA, 30230 in Hogansville earns its strong cash-flow label: 10.28% yield, $2,333/mo rent, $576/mo net income, DSCR 1.91. The $272,190 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $75,201 by year five. Combined with $2,507/yr in principal paydown, total projected return reaches $146,632.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 8.0% |
| Monthly Cash Flow | $576 | $300 |
City averages based on Hogansville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,333 |
| Total Monthly Debt Service | $1,548 |
| DSCR Ratio | 1.51x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2026
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30230, Hogansville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,014 (100%) |
| Owner Occupied HU | 2,641 (65.8%) |
| Renter Occupied HU | 1,008 (25.1%) |
| Vacant Housing Units | 365 ( 9.1%) |
| Median Home Value | $247,740 |
| Average Home Value | $291,919 |
Housing Distribution
Address Breakdown
Residential
3,837
Single Family
3,769
Multi-Family
68
Businesses
215
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
Townhouse
Built in 2026
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30230, Hogansville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,014 (100%) |
| Owner Occupied HU | 2,641 (65.8%) |
| Renter Occupied HU | 1,008 (25.1%) |
| Vacant Housing Units | 365 ( 9.1%) |
| Median Home Value | $247,740 |
| Average Home Value | $291,919 |
Housing Distribution
Address Breakdown
Residential
3,837
Single Family
3,769
Multi-Family
68
Businesses
215
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: GAMLS
Mls ID: #10700502