242 Gordy Mill Pond RdCussetaGA31805
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
Investment Highlights
Investment property for sale in Cusseta at 242 Gordy Mill Pond Rd, Cusseta, GA, 31805 uses $89,472 cash to close to unlock $10,384/yr annual cash flow and $865/mo monthly cash flow. Total monthly income runs $2,508/mo, and a $1,321/mo payment keeps the spread at $865/mo. Purchase price stands at $269,900, and rental yield measures 11.15% with $2,508/mo rent. Return on cash invested shows 31.52% in year one, and 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 164.99% and total cumulative return in cash records $147,618. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,508/mo property income covering a $1,321/mo payment rather than investor’s personal income.
Single Family
Built in 2013
5.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31805, Cusseta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,300 (100%) |
| Owner Occupied HU | 773 (59.5%) |
| Renter Occupied HU | 269 (20.7%) |
| Vacant Housing Units | 258 (19.8%) |
| Median Home Value | $148,237 |
| Average Home Value | $192,823 |
Housing Distribution
Address Breakdown
Residential
841
Single Family
841
Multi-Family
0
Businesses
50
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Campos • Durham Sears Real Estate
Mls Name: CBORGA
Mls Provider:
Mls ID: #221035
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.