306 Crosby RdAlmaGA31510
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 Alma at 306 Crosby Rd, Alma, GA, 31510 offers $1,217/mo rent that, after a $759/mo payment, leaves $273/mo cash flow. Total monthly income is $1,217/mo, and annual cash flow is $3,279/yr on $51,383 cash. Return on cash invested measures 26.29% in year one, and rental yield stands at 9.42% at a $155,000 entry. Equity gained on principal adds $1,000/yr while 5% annual appreciation compounds into $42,824 by year five. Five-year ROI records 137.03% and total cumulative return in cash reaches $70,408. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,217/mo property income versus a $759/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31510, Alma, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,238 (100%) |
| Owner Occupied HU | 2,634 (62.2%) |
| Renter Occupied HU | 1,117 (26.4%) |
| Vacant Housing Units | 487 (11.5%) |
| Median Home Value | $129,459 |
| Average Home Value | $168,139 |
Housing Distribution
Address Breakdown
Residential
3,954
Single Family
3,954
Multi-Family
0
Businesses
465
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Listed by: Megan Cato • Carter Group Real Estate
Mls Name: HABR
Mls ID: #158843
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.