21 Newton StManchesterGA31816
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
Investment Highlights
Investment property for sale in Manchester at 21 Newton St, Manchester, GA, 31816 offers a 12.54% rental yield on a $127,700 purchase with $1,334/mo rent. Total monthly income registers $1,334/mo, and a $625/mo payment leaves $550/mo available for distribution. Annual cash flow reaches $6,605/yr on $42,333 to close, and return on cash invested stands at 35.51% in year one. Equity gained on principal adds $824/yr while 5% annual appreciation supports $35,281 over five years. Portfolio math shows five-year ROI at 186.52% and total cumulative return in cash at $78,961. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,334/mo property income against a $625/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31816, Manchester, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,503 (100%) |
| Owner Occupied HU | 1,376 (55.0%) |
| Renter Occupied HU | 784 (31.3%) |
| Vacant Housing Units | 343 (13.7%) |
| Median Home Value | $155,060 |
| Average Home Value | $202,373 |
Housing Distribution
Address Breakdown
Residential
2,106
Single Family
2,106
Multi-Family
0
Businesses
246
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A