280 Wiley RdCordeleGA31015
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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
Rental property for sale in Cordele at 280 Wiley Rd, Cordele, GA, 31015 priced at $159,900 converts $1,326/mo rent into $352/mo cash flow after a $783/mo obligation. Total monthly income equals $1,326/mo, and annual cash flow totals $4,229/yr on $53,007 invested. Return on cash invested prints 27.89% in year one, and rental yield reads 9.95% against a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,177 by year five. Five-year ROI reaches 145.53% and total cumulative return in cash sums $77,142. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,326/mo property income covering a $783/mo payment, not borrower’s personal income.
Single Family
Built in 1964
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31015, Cordele, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,227 (100%) |
| Owner Occupied HU | 4,451 (48.2%) |
| Renter Occupied HU | 3,377 (36.6%) |
| Vacant Housing Units | 1,399 (15.2%) |
| Median Home Value | $139,541 |
| Average Home Value | $216,980 |
Housing Distribution
Address Breakdown
Residential
8,075
Single Family
7,694
Multi-Family
381
Businesses
604
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