29 Nellie StAlamoGA30411
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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 Alamo at 29 Nellie St, Alamo, GA, 30411 offers $835/mo rent that, after a $526/mo payment, leaves $181/mo cash flow. Total monthly income is $835/mo, and annual cash flow is $2,171/yr on $35,636 cash. Return on cash invested measures 26% in year one, and rental yield stands at 9.32% at a $107,500 entry. Equity gained on principal adds $694/yr while 5% annual appreciation compounds into $29,700 by year five. Five-year ROI records 135.35% and total cumulative return in cash reaches $48,235. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $835/mo property income versus a $526/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1973
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30411, Alamo, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,061 (100%) |
| Owner Occupied HU | 702 (66.2%) |
| Renter Occupied HU | 230 (21.7%) |
| Vacant Housing Units | 129 (12.2%) |
| Median Home Value | $96,250 |
| Average Home Value | $117,810 |
Housing Distribution
Address Breakdown
Residential
705
Single Family
705
Multi-Family
0
Businesses
71
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Listed by: Teresa Varnedore • The Agent Group LLC
Mls Name: Altamaha Basin BOR
Mls ID: #22693
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.