25 Garretts PointMeigsGA31765
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 Meigs at 25 Garretts Point, Meigs, GA, 31765 priced at $335,900 pairs $2,140/mo rent with $34/mo cash flow after a $1,644/mo payment. Total monthly income equals $2,140/mo, and annual cash flow comes to $405/yr on $111,351 invested. Return on cash invested is 20.27% in year one, and rental yield stands at 7.65% on a $335,900 basis. Equity gained on principal adds $2,168/yr, and 5% annual appreciation accumulates to $92,803 by year five. Five-year ROI measures 104.9% and total cumulative return in cash reaches $116,811. For financing, Ziffy Mortgage’s DSCR program evaluates $2,140/mo property income against a $1,644/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
0.71 Acres lot
$N/A/sqft
$62 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31765, Meigs, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,149 (100%) |
| Owner Occupied HU | 755 (65.7%) |
| Renter Occupied HU | 275 (23.9%) |
| Vacant Housing Units | 119 (10.4%) |
| Median Home Value | $168,945 |
| Average Home Value | $235,331 |
Housing Distribution
Address Breakdown
Residential
770
Single Family
770
Multi-Family
0
Businesses
41
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