2314 Patterson StThomasvilleGA31792
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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 Thomasville at 2314 Patterson St, Thomasville, GA, 31792 earns $1,071/mo cash flow from $3,012/mo rent with a $1,561/mo payment. Total monthly income totals $3,012/mo, and annual cash flow totals $12,850/yr on $105,749 capital. ROI tracks 32.06% on current figures, and rental yield reads 11.33% at a $319,000 purchase. Equity gained on principal adds $2,058/yr, and 5% annual appreciation supports $88,134 over five years. Five-year ROI reaches 167.86% and total cumulative return in cash sums $177,505. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,012/mo property income instead of your personal income.
Single Family
Built in 1963
2.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31792, Thomasville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,417 (100%) |
| Owner Occupied HU | 5,792 (50.7%) |
| Renter Occupied HU | 4,331 (37.9%) |
| Vacant Housing Units | 1,294 (11.3%) |
| Median Home Value | $244,769 |
| Average Home Value | $318,708 |
Housing Distribution
Address Breakdown
Residential
10,462
Single Family
9,683
Multi-Family
779
Businesses
1,041
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Listed by: Mills Herndon • First Thomasville Realty
Mls Name: TABRMLS
Mls ID: #926373