233 Palm Island DrThomasvilleGA31757
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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
Rental property for sale in Thomasville at 233 Palm Island Dr, Thomasville, GA, 31757 offers $3,161/mo rent that, after a $1,899/mo payment, leaves $800/mo cash flow. Total monthly income is $3,161/mo, and annual cash flow is $9,596/yr on $128,622 cash. Return on cash invested measures 27.37% in year one, and rental yield stands at 9.78% at a $388,000 entry. Equity gained on principal adds $2,504/yr while 5% annual appreciation compounds into $107,197 by year five. Five-year ROI records 142.72% and total cumulative return in cash reaches $183,568. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,161/mo property income versus a $1,899/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31757, Thomasville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,934 (100%) |
| Owner Occupied HU | 3,308 (67.0%) |
| Renter Occupied HU | 1,188 (24.1%) |
| Vacant Housing Units | 438 ( 8.9%) |
| Median Home Value | $293,182 |
| Average Home Value | $327,185 |
Housing Distribution
Address Breakdown
Residential
4,853
Single Family
4,761
Multi-Family
92
Businesses
235
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Nearby investment properties with comparable prices
Listed by: Pam Wright • KeySouth Real Estate Group, Inc
Mls Name: TABRMLS
Mls ID: #925078
Disclaimer: Copyright Thomasville Area Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.