2451 Fairplay RdRutledgeGA30663
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
Rental property for sale in Rutledge at 2451 Fairplay Rd, Rutledge, GA, 30663 priced at $139,900 pairs $1,622/mo rent with $770/mo cash flow after a $685/mo payment. Total monthly income equals $1,622/mo, and annual cash flow comes to $9,243/yr on $46,377 invested. Return on cash invested is 39.84% in year one, and rental yield stands at 13.91% on a $139,900 basis. Equity gained on principal adds $903/yr, and 5% annual appreciation accumulates to $38,652 by year five. Five-year ROI measures 209.67% and total cumulative return in cash reaches $97,239. For financing, Ziffy Mortgage’s DSCR program evaluates $1,622/mo property income against a $685/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1984
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30663, Rutledge, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,494 (100%) |
| Owner Occupied HU | 1,146 (76.7%) |
| Renter Occupied HU | 225 (15.1%) |
| Vacant Housing Units | 123 ( 8.2%) |
| Median Home Value | $368,905 |
| Average Home Value | $426,776 |
Housing Distribution
Address Breakdown
Residential
1,153
Single Family
1,153
Multi-Family
0
Businesses
81
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Listed by: Alexandra Castro • Coldwell Banker Upchurch Rlty.
Mls Name: GAMLS
Mls Provider:
Mls ID: #10429939
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.