216 11th AveEastmanGA31023
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 Eastman at 216 11th Ave, Eastman, GA, 31023 earns $759/mo cash flow from $1,520/mo rent with a $612/mo payment. Total monthly income totals $1,520/mo, and annual cash flow totals $9,108/yr on $41,438 capital. ROI tracks 41.89% on current figures, and rental yield reads 14.59% at a $125,000 purchase. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 over five years. Five-year ROI reaches 220.68% and total cumulative return in cash sums $91,445. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,520/mo property income instead of your personal income.
Single Family
Built in 1963
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31023, Eastman, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,250 (100%) |
| Owner Occupied HU | 3,514 (56.2%) |
| Renter Occupied HU | 2,112 (33.8%) |
| Vacant Housing Units | 624 ( 10.0%) |
| Median Home Value | $163,445 |
| Average Home Value | $180,653 |
Housing Distribution
Address Breakdown
Residential
5,446
Single Family
5,370
Multi-Family
76
Businesses
537
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tonya Brown • DESTINATION REALTY, LLC
Mls Name: CGMLS
Mls ID: #243794
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.