301 Michael StThomsonGA30824
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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 Thomson at 301 Michael St, Thomson, GA, 30824 generates $1,613/mo in rent and, after a $1,003/mo payment, leaves $366/mo in cash flow. Total monthly income is $1,613/mo, and annual cash flow is $4,390/yr on $67,924 invested. Return on cash invested sits at 26.37% in year one, and rental yield is 9.45% on a $204,900 entry. Equity gained on principal adds $1,322/yr, while 5% annual appreciation builds toward $56,610 over five years. Five-year ROI reaches 137.36% and total cumulative return in cash sums $93,298. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,613/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30824, Thomson, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,563 (100%) |
| Owner Occupied HU | 4,491 (59.4%) |
| Renter Occupied HU | 2,394 (31.7%) |
| Vacant Housing Units | 678 ( 9.0%) |
| Median Home Value | $183,383 |
| Average Home Value | $229,915 |
Housing Distribution
Address Breakdown
Residential
7,158
Single Family
7,023
Multi-Family
135
Businesses
694
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