241 S Irwin St UNIT 60MilledgevilleGA31061
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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 Milledgeville at 241 S Irwin St UNIT 60, Milledgeville, GA, 31061 listed at $150,000 pairs $1,116/mo rent with a $734/mo payment. Total monthly income runs $1,116/mo. Return on cash invested measures -15.73% in year one, and rental yield registers 8.93% at a $150,000 basis. Equity gained on principal adds $968/yr, and annual property appreciation at 5% supports $41,442 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,116/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2004
N/A lot
$N/A/sqft
$1,680 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31061, Milledgeville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,866 (100%) |
| Owner Occupied HU | 9,803 (49.3%) |
| Renter Occupied HU | 6,348 (32.0%) |
| Vacant Housing Units | 3,715 (18.7%) |
| Median Home Value | $224,135 |
| Average Home Value | $295,359 |
Housing Distribution
Address Breakdown
Residential
17,899
Single Family
16,975
Multi-Family
924
Businesses
1,303
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Listed by: Cheri Cherry • Ansley Real Estate Christie's Int'l Real Estate
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1024414
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.