2156 Earnest Norman RdNorman ParkGA31771
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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
Investment property for sale in Norman Park at 2156 Earnest Norman Rd, Norman Park, GA, 31771 uses $64,609 cash to close to unlock $4,317/yr annual cash flow and $360/mo monthly cash flow. Total monthly income runs $1,546/mo, and a $954/mo payment keeps the spread at $360/mo. Purchase price stands at $194,900, and rental yield measures 9.52% with $1,546/mo rent. Return on cash invested shows 26.59% in year one, and 5% annual appreciation builds toward $53,847 over five years. Five-year ROI reaches 138.54% and total cumulative return in cash records $89,511. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,546/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 1970
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31771, Norman Park, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,449 (100%) |
| Owner Occupied HU | 1,541 (62.9%) |
| Renter Occupied HU | 654 (26.7%) |
| Vacant Housing Units | 254 (10.4%) |
| Median Home Value | $96,566 |
| Average Home Value | $169,280 |
Housing Distribution
Address Breakdown
Residential
1,844
Single Family
1,844
Multi-Family
0
Businesses
61
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Listed by: Robert Belcher • American Realty of GA, LLC
Mls Name: Moultrie BOR
Mls ID: #913366