229 Wellspring TerAllenhurstGA31301
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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 Allenhurst at 229 Wellspring Ter, Allenhurst, GA, 31301 uses $95,804 cash to close to unlock $2,136/yr annual cash flow and $178/mo monthly cash flow. Total monthly income runs $2,080/mo, and a $1,415/mo payment keeps the spread at $178/mo. Purchase price stands at $289,000, and rental yield measures 8.64% with $2,080/mo rent. Return on cash invested shows 22.14% in year one, and 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 115.36% and total cumulative return in cash records $110,522. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,080/mo property income covering a $1,415/mo payment rather than investor’s personal income.
Single Family
Built in 2021
1.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31301, Allenhurst, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,966 (100%) |
| Owner Occupied HU | 840 (42.7%) |
| Renter Occupied HU | 804 (40.9%) |
| Vacant Housing Units | 322 (16.4%) |
| Median Home Value | $182,759 |
| Average Home Value | $203,756 |
Housing Distribution
Address Breakdown
Residential
1,749
Single Family
1,748
Multi-Family
1
Businesses
42
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Listed by: Karyn Thomas • Keller Williams Realty Coastal Area Partners
Mls Name: HABR
Mls ID: #160651
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.