220 Downs CirMitchellGA30820
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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
Rental property for sale in Mitchell at 220 Downs Cir, Mitchell, GA, 30820 generates $1,327/mo in rent and, after a $807/mo payment, leaves $323/mo in cash flow. Total monthly income is $1,327/mo, and annual cash flow is $3,882/yr on $54,664 invested. Return on cash invested sits at 27.01% in year one, and rental yield is 9.66% on a $164,900 entry. Equity gained on principal adds $1,064/yr, while 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 140.83% and total cumulative return in cash sums $76,984. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,327/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30820, Mitchell, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 573 (100%) |
| Owner Occupied HU | 396 (69.1%) |
| Renter Occupied HU | 47 ( 8.2%) |
| Vacant Housing Units | 130 (22.7%) |
| Median Home Value | $163,253 |
| Average Home Value | $214,949 |
Housing Distribution
Address Breakdown
Residential
542
Single Family
542
Multi-Family
0
Businesses
19
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Listed by: Jackie Lowe-Johnson • Keller Williams Realty Augusta
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #537511
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.