280 W Forrest StHarlemGA30814
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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 Harlem at 280 W Forrest St, Harlem, GA, 30814 uses $116,025 cash to close to unlock $14,497/yr annual cash flow and $1,208/mo monthly cash flow. Total monthly income runs $3,384/mo, and a $1,713/mo payment keeps the spread at $1,208/mo. Purchase price stands at $350,000, and rental yield measures 11.6% with $3,384/mo rent. Return on cash invested shows 32.4% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 169.91% and total cumulative return in cash records $197,138. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,384/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30814, Harlem, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,113 (100%) |
| Owner Occupied HU | 3,169 (77.0%) |
| Renter Occupied HU | 709 (17.2%) |
| Vacant Housing Units | 235 ( 5.7%) |
| Median Home Value | $322,684 |
| Average Home Value | $324,520 |
Housing Distribution
Address Breakdown
Residential
3,776
Single Family
3,776
Multi-Family
0
Businesses
152
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Listed by: Ahmad Shah Hussaini • Keller Williams Realty Augusta
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #543025
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.