304 4th StManchesterGA31816
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 304 4th St, Manchester, GA, 31816 in Manchester speaks for itself: 11.5% gross on a $160,000 price, generating $1,534/mo in rent and $560/mo in net income after the $719/mo debt service. DSCR 2.13, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $6,718 stacks alongside $44,205 in projected five-year appreciation and $1,474/yr in principal reduction. Projected total cumulative return: $96,712.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 8.0% |
| Monthly Cash Flow | $560 | $300 |
City averages based on Manchester market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,534 |
| Total Monthly Debt Service | $910 |
| DSCR Ratio | 1.69x |
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 1915
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31816, Manchester, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,503 (100%) |
| Owner Occupied HU | 1,376 (55.0%) |
| Renter Occupied HU | 784 (31.3%) |
| Vacant Housing Units | 343 (13.7%) |
| Median Home Value | $155,060 |
| Average Home Value | $202,373 |
Housing Distribution
Address Breakdown
Residential
2,106
Single Family
2,106
Multi-Family
0
Businesses
246
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 1915
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31816, Manchester, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,503 (100%) |
| Owner Occupied HU | 1,376 (55.0%) |
| Renter Occupied HU | 784 (31.3%) |
| Vacant Housing Units | 343 (13.7%) |
| Median Home Value | $155,060 |
| Average Home Value | $202,373 |
Housing Distribution
Address Breakdown
Residential
2,106
Single Family
2,106
Multi-Family
0
Businesses
246
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shynice • P.B.S. Realty Company
Mls Name: GAMLS
Mls ID: #10594242