207 Morningside DrThomasvilleGA31792
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play207 Morningside Dr, Thomasville, GA, 31792 in Thomasville is priced for appreciation, not yield. Rental yield 2.91%. At $545,000 with a 2.91% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $150,573 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.54) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $49,412.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.9% | 7.0% |
| Monthly Cash Flow | $(2,472) | $300 |
City averages based on Thomasville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,320 |
| Total Monthly Debt Service | $3,575 |
| DSCR Ratio | 0.37x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Single Family
Built in 2023
0.39 Acres lot
$N/A/sqft
$475 monthly 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
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
Single Family
Built in 2023
0.39 Acres lot
$N/A/sqft
$475 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Ward • Century 21 First Story
Mls Name: TABRMLS
Mls ID: #925564
Disclaimer: Copyright Thomasville Area Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.