206 Norchester Ave #114HogansvilleGA30230
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 206 Norchester Ave #114, Hogansville, GA, 30230 in Hogansville deserves attention. This $271,690 property earns $2,333/mo in rent, a 10.3% gross yield, and nets $579/mo after the $1,222/mo payment. DSCR 1.91 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $75,063 compounds alongside $2,502/yr in yearly equity build, for a total cumulative return of $146,648.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 8.0% |
| Monthly Cash Flow | $579 | $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 | $1,545 |
| 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
2,000 Acres 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
2,000 Acres 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: FMLS GA
Mls ID: #7731083