2042 Black Creek Church RdEllabellGA31308
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 2042 Black Creek Church Rd, Ellabell, GA, 31308 in Ellabell at $265,000 earns $1,820/mo in rent and nets $198/mo after the $1,192/mo payment, a 8.24% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $73,215 over five years. Ziffy Mortgage underwrites this on a 1.53 DSCR without U.S. credit history. With $2,441/yr in principal paydown, total projected return reaches $113,179.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.0% |
| Monthly Cash Flow | $198 | $250 |
City averages based on Ellabell market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,820 |
| Total Monthly Debt Service | $1,517 |
| DSCR Ratio | 1.20x |
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.
Manufactured
Built in 2022
0.79 Acres lot
$N/A/sqft
$110 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31308, Ellabell, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,772 (100%) |
| Owner Occupied HU | 2,907 (77.1%) |
| Renter Occupied HU | 579 (15.3%) |
| Vacant Housing Units | 286 ( 7.6%) |
| Median Home Value | $212,356 |
| Average Home Value | $254,332 |
Housing Distribution
Address Breakdown
Residential
3,289
Single Family
3,289
Multi-Family
0
Businesses
150
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
Manufactured
Built in 2022
0.79 Acres lot
$N/A/sqft
$110 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31308, Ellabell, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,772 (100%) |
| Owner Occupied HU | 2,907 (77.1%) |
| Renter Occupied HU | 579 (15.3%) |
| Vacant Housing Units | 286 ( 7.6%) |
| Median Home Value | $212,356 |
| Average Home Value | $254,332 |
Housing Distribution
Address Breakdown
Residential
3,289
Single Family
3,289
Multi-Family
0
Businesses
150
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Russell Strazzella • Keller Williams Coastal Area P
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #327645
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.