24554 Highway 23ReidsvilleGA30453
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 Reidsville at 24554 Highway 23, Reidsville, GA, 30453 earns from $2,627/mo rent with a $2,472/mo payment. Total monthly income totals $2,627/mo. ROI tracks 16.83% on current figures, and rental yield reads 6.24% at a $505,000 purchase. Equity gained on principal adds $3,259/yr, and 5% annual appreciation supports $139,522 over five years. Five-year ROI reaches 86.21% and total cumulative return in cash sums $143,226. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,627/mo property income instead of your personal income.
Single Family
Built in 2000
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30453, Reidsville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,782 (100%) |
| Owner Occupied HU | 1,420 (51.0%) |
| Renter Occupied HU | 886 (31.8%) |
| Vacant Housing Units | 476 (17.1%) |
| Median Home Value | $115,772 |
| Average Home Value | $148,544 |
Housing Distribution
Address Breakdown
Residential
1,695
Single Family
1,682
Multi-Family
13
Businesses
173
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kelly Driggers • Kelly Driggers Realty Corp
Mls Name: GAMLS
Mls Provider:
Mls ID: #10361019
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.