2402 Gornto RdValdostaGA31602
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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 Valdosta at 2402 Gornto Rd, Valdosta, GA, 31602 uses $56,322 cash to close to unlock $3,858/yr annual cash flow and $322/mo monthly cash flow. Total monthly income runs $1,356/mo, and a $832/mo payment keeps the spread at $322/mo. Purchase price stands at $169,900, and rental yield measures 9.58% with $1,356/mo rent. Return on cash invested shows 26.76% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 139.47% and total cumulative return in cash records $78,554. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,356/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1976
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31602, Valdosta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,580 (100%) |
| Owner Occupied HU | 6,976 (44.8%) |
| Renter Occupied HU | 7,281 (46.7%) |
| Vacant Housing Units | 1,323 ( 8.5%) |
| Median Home Value | $239,403 |
| Average Home Value | $278,849 |
Housing Distribution
Address Breakdown
Residential
14,938
Single Family
12,917
Multi-Family
2,021
Businesses
1,265
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