225 Merry Dr NWMilledgevilleGA31061
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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 Milledgeville at 225 Merry Dr NW, Milledgeville, GA, 31061 priced at $160,000 pairs $1,231/mo rent with $257/mo cash flow after a $783/mo payment. Total monthly income equals $1,231/mo, and annual cash flow comes to $3,088/yr on $53,040 invested. Return on cash invested is 25.73% in year one, and rental yield stands at 9.23% on a $160,000 basis. Equity gained on principal adds $1,032/yr, and 5% annual appreciation accumulates to $44,205 by year five. Five-year ROI measures 134.01% and total cumulative return in cash reaches $71,078. For financing, Ziffy Mortgage’s DSCR program evaluates $1,231/mo property income against a $783/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2015
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31061, Milledgeville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,866 (100%) |
| Owner Occupied HU | 9,803 (49.3%) |
| Renter Occupied HU | 6,348 (32.0%) |
| Vacant Housing Units | 3,715 (18.7%) |
| Median Home Value | $224,135 |
| Average Home Value | $295,359 |
Housing Distribution
Address Breakdown
Residential
17,899
Single Family
16,975
Multi-Family
924
Businesses
1,303
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Listed by: Nicki Cornejo • Dwelli
Mls Name: GAMLS
Mls ID: #10660541