2416 Chesnutt AveTiftonGA31794
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 2416 Chesnutt Ave, Tifton, GA, 31794 in Tifton hard to pass up. The 11.93% gross yield on a $244,500 purchase results in $2,430/mo in rent and $942/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.21). Annual cash flow of $11,303, five-year appreciation of $67,551, and $2,252/yr in equity build-up combine for a projected total cumulative return of $153,247.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 8.0% |
| Monthly Cash Flow | $942 | $300 |
City averages based on Tifton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,430 |
| Total Monthly Debt Service | $1,391 |
| DSCR Ratio | 1.75x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1978
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31794, Tifton, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,321 (100%) |
| Owner Occupied HU | 6,219 (50.5%) |
| Renter Occupied HU | 5,079 (41.2%) |
| Vacant Housing Units | 1,023 ( 8.3%) |
| Median Home Value | $183,181 |
| Average Home Value | $217,975 |
Housing Distribution
Address Breakdown
Residential
11,332
Single Family
10,711
Multi-Family
621
Businesses
1,130
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 1978
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31794, Tifton, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,321 (100%) |
| Owner Occupied HU | 6,219 (50.5%) |
| Renter Occupied HU | 5,079 (41.2%) |
| Vacant Housing Units | 1,023 ( 8.3%) |
| Median Home Value | $183,181 |
| Average Home Value | $217,975 |
Housing Distribution
Address Breakdown
Residential
11,332
Single Family
10,711
Multi-Family
621
Businesses
1,130
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices