302 Ruby CtGrayGA31032
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 302 Ruby Ct, Gray, GA, 31032 in Gray deserves attention. This $375,000 property earns $3,253/mo in rent, a 10.41% gross yield, and nets $744/mo after the $1,686/mo payment. DSCR 1.93 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $103,606 compounds alongside $3,454/yr in yearly equity build, for a total cumulative return of $190,940.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 8.0% |
| Monthly Cash Flow | $744 | $300 |
City averages based on Gray market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,253 |
| Total Monthly Debt Service | $2,359 |
| DSCR Ratio | 1.38x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2009
0.52 Acres lot
$N/A/sqft
$620 annually HOA
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
Single Family
Built in 2009
0.52 Acres lot
$N/A/sqft
$620 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tonya Chulawat • LANDMARK REALTY
Mls Name: CGMLS
Mls ID: #250642
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.