235 Mage StreetBloomingdaleGA31302
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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 Bloomingdale at 235 Mage Street, Bloomingdale, GA, 31302 uses $143,022 cash to close to unlock $11,014/yr annual cash flow and $918/mo monthly cash flow. Total monthly income runs $3,544/mo, and a $2,112/mo payment keeps the spread at $918/mo. Purchase price stands at $431,440, and rental yield measures 9.86% with $3,544/mo rent. Return on cash invested shows 27.61% in year one, and 5% annual appreciation builds toward $119,199 over five years. Five-year ROI reaches 143.99% and total cumulative return in cash records $205,943. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,544/mo property income covering a $2,112/mo payment rather than investor’s personal income.
Single Family
Built in 2025
6,229 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31302, Bloomingdale, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,839 (100%) |
| Owner Occupied HU | 3,010 (62.2%) |
| Renter Occupied HU | 1,359 (28.1%) |
| Vacant Housing Units | 470 ( 9.7%) |
| Median Home Value | $280,527 |
| Average Home Value | $323,776 |
Housing Distribution
Address Breakdown
Residential
3,726
Single Family
3,413
Multi-Family
313
Businesses
215
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Listed by: Garret T. Williamson • Landmark 24 Realty, Inc
Mls Name: Hive MLS
Mls ID: #SA345639