292 Old Kings Bridge RdNicholsonGA30565
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 Nicholson at 292 Old Kings Bridge Rd, Nicholson, GA, 30565 priced at $314,900 pairs $2,320/mo rent with $365/mo cash flow after a $1,541/mo payment. Total monthly income equals $2,320/mo, and annual cash flow comes to $4,376/yr on $104,389 invested. Return on cash invested is 24.1% in year one, and rental yield stands at 8.84% on a $314,900 basis. Equity gained on principal adds $2,032/yr, and 5% annual appreciation accumulates to $87,001 by year five. Five-year ROI measures 125.34% and total cumulative return in cash reaches $130,846. For financing, Ziffy Mortgage’s DSCR program evaluates $2,320/mo property income against a $1,541/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1987
2.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30565, Nicholson, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,876 (100%) |
| Owner Occupied HU | 1,401 (74.7%) |
| Renter Occupied HU | 361 (19.2%) |
| Vacant Housing Units | 114 ( 6.1%) |
| Median Home Value | $263,021 |
| Average Home Value | $305,212 |
Housing Distribution
Address Breakdown
Residential
1,841
Single Family
1,841
Multi-Family
0
Businesses
53
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Listed by: Stephen Smith • Coldwell Banker Upchurch Rlty.
Mls Name: GAMLS
Mls Provider:
Mls ID: #10390336
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.