2198 State Highway 57 WKiteGA31049
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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 Kite at 2198 State Highway 57 W, Kite, GA, 31049 offers a 6.76% rental yield on a $235,000 purchase with $1,324/mo rent. 28% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,926 over five years. Portfolio math shows five-year ROI at 93.92% and total cumulative return in cash at $73,168. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,324/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1998
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31049, Kite, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 793 (100%) |
| Owner Occupied HU | 493 (62.2%) |
| Renter Occupied HU | 169 (21.3%) |
| Vacant Housing Units | 131 (16.5%) |
| Median Home Value | $105,401 |
| Average Home Value | $138,139 |
Housing Distribution
Address Breakdown
Residential
693
Single Family
693
Multi-Family
0
Businesses
22
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Listed by: Tanya P. Lane • South Auction, Inc.
Mls Name: GAMLS
Mls Provider:
Mls ID: #10489034
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2025 GAMLS. All rights reserved.