206 Preston Pl NELudowiciGA31316
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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
Rental property for sale in Ludowici at 206 Preston Pl NE, Ludowici, GA, 31316 priced at $259,995 pairs $2,880/mo rent with $1,297/mo cash flow after a $1,273/mo payment. Total monthly income equals $2,880/mo, and annual cash flow comes to $15,566/yr on $86,188 invested. Return on cash invested is 37.97% in year one, and rental yield stands at 13.29% on a $259,995 basis. Equity gained on principal adds $1,678/yr, and 5% annual appreciation accumulates to $71,832 by year five. Five-year ROI measures 199.6% and total cumulative return in cash reaches $172,036. For financing, Ziffy Mortgage’s DSCR program evaluates $2,880/mo property income against a $1,273/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2024
5.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31316, Ludowici, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,467 (100%) |
| Owner Occupied HU | 3,367 (61.6%) |
| Renter Occupied HU | 1,551 (28.4%) |
| Vacant Housing Units | 549 (10.0%) |
| Median Home Value | $237,235 |
| Average Home Value | $267,839 |
Housing Distribution
Address Breakdown
Residential
5,297
Single Family
5,297
Multi-Family
0
Businesses
150
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Listed by: Justin Webb • Remax All American Realty
Mls Name: HABR
Mls ID: #154661
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.