29 Ard RdRay CityGA31645
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 Ray City at 29 Ard Rd, Ray City, GA, 31645 priced at $235,000 pairs $1,856/mo rent with $426/mo cash flow after a $1,150/mo payment. Total monthly income equals $1,856/mo, and annual cash flow comes to $5,112/yr on $77,903 invested. Return on cash invested is 26.47% in year one, and rental yield stands at 9.48% on a $235,000 basis. Equity gained on principal adds $1,516/yr, and 5% annual appreciation accumulates to $64,926 by year five. Five-year ROI measures 137.89% and total cumulative return in cash reaches $107,416. For financing, Ziffy Mortgage’s DSCR program evaluates $1,856/mo property income against a $1,150/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31645, Ray City, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,167 (100%) |
| Owner Occupied HU | 1,329 (61.3%) |
| Renter Occupied HU | 624 (28.8%) |
| Vacant Housing Units | 214 ( 9.9%) |
| Median Home Value | $181,706 |
| Average Home Value | $190,028 |
Housing Distribution
Address Breakdown
Residential
1,863
Single Family
1,863
Multi-Family
0
Businesses
45
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