2246 State Highway 11 SHillsboroGA31038
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 Hillsboro at 2246 State Highway 11 S, Hillsboro, GA, 31038 uses $81,715 cash to close to unlock $2,979/yr annual cash flow and $248/mo monthly cash flow. Total monthly income runs $1,748/mo, and a $1,206/mo payment keeps the spread at $248/mo. Purchase price stands at $246,500, and rental yield measures 8.51% with $1,748/mo rent. Return on cash invested shows 23.55% in year one, and 5% annual appreciation builds toward $68,103 over five years. Five-year ROI reaches 122.3% and total cumulative return in cash records $99,939. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,748/mo property income covering a $1,206/mo payment rather than investor’s personal income.
Single Family
Built in 1963
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31038, Hillsboro, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 373 (100%) |
| Owner Occupied HU | 279 (74.8%) |
| Renter Occupied HU | 33 ( 8.8%) |
| Vacant Housing Units | 61 (16.4%) |
| Median Home Value | $182,212 |
| Average Home Value | $249,973 |
Housing Distribution
Address Breakdown
Residential
381
Single Family
381
Multi-Family
0
Businesses
15
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices