2391 Homestead DrEllabellGA31308
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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 Ellabell at 2391 Homestead Dr, Ellabell, GA, 31308 offers a 8.91% rental yield on a $353,500 purchase with $2,626/mo rent. Total monthly income registers $2,626/mo, and a $1,730/mo payment leaves $475/mo available for distribution. Annual cash flow reaches $5,697/yr on $117,185 to close, and return on cash invested stands at 24.77% in year one. Equity gained on principal adds $2,281/yr while 5% annual appreciation supports $97,666 over five years. Portfolio math shows five-year ROI at 128.77% and total cumulative return in cash at $150,897. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,626/mo property income against a $1,730/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2024
2.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31308, Ellabell, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,772 (100%) |
| Owner Occupied HU | 2,907 (77.1%) |
| Renter Occupied HU | 579 (15.3%) |
| Vacant Housing Units | 286 ( 7.6%) |
| Median Home Value | $212,356 |
| Average Home Value | $254,332 |
Housing Distribution
Address Breakdown
Residential
3,289
Single Family
3,289
Multi-Family
0
Businesses
150
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