2362 Pineridge DriveApplingGA30802
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 4.4% gross rental yield, 2362 Pineridge Drive, Appling, GA, 30802 in Appling is priced for capital growth, not immediate cash flow. The $865,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $238,984 by year five, with $7,967/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.81) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $192,843.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.4% | 6.0% |
| Monthly Cash Flow | $(2,094) | $300 |
City averages based on Appling market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,170 |
| Total Monthly Debt Service | $4,920 |
| DSCR Ratio | 0.64x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2003
15.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30802, Appling, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,968 (100%) |
| Owner Occupied HU | 2,279 (76.8%) |
| Renter Occupied HU | 269 ( 9.1%) |
| Vacant Housing Units | 420 (14.2%) |
| Median Home Value | $452,608 |
| Average Home Value | $479,122 |
Housing Distribution
Address Breakdown
Residential
2,740
Single Family
2,737
Multi-Family
3
Businesses
182
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
Single Family
Built in 2003
15.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30802, Appling, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,968 (100%) |
| Owner Occupied HU | 2,279 (76.8%) |
| Renter Occupied HU | 269 ( 9.1%) |
| Vacant Housing Units | 420 (14.2%) |
| Median Home Value | $452,608 |
| Average Home Value | $479,122 |
Housing Distribution
Address Breakdown
Residential
2,740
Single Family
2,737
Multi-Family
3
Businesses
182
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices