2339 Maddison AvenueWatkinsvilleGA30677
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 Watkinsville at 2339 Maddison Avenue, Watkinsville, GA, 30677 offers a 8.42% rental yield on a $628,500 purchase with $4,410/mo rent. Total monthly income registers $4,410/mo, and a $3,076/mo payment leaves $585/mo available for distribution. Annual cash flow reaches $7,020/yr on $206,777 to close, and return on cash invested stands at 23.46% in year one. Equity gained on principal adds $4,056/yr while 5% annual appreciation supports $173,643 over five years. Portfolio math shows five-year ROI at 121.71% and total cumulative return in cash at $251,660. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,410/mo property income against a $3,076/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30677, Watkinsville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,079 (100%) |
| Owner Occupied HU | 6,693 (82.8%) |
| Renter Occupied HU | 1,032 (12.8%) |
| Vacant Housing Units | 354 ( 4.4%) |
| Median Home Value | $441,980 |
| Average Home Value | $524,470 |
Housing Distribution
Address Breakdown
Residential
7,904
Single Family
7,803
Multi-Family
101
Businesses
1,262
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan Jones • 5Market Realty
Mls Name: Hive MLS
Mls ID: #CL345961