307 Alabaster CtApplingGA30802
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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 Appling at 307 Alabaster Ct, Appling, GA, 30802 priced at $659,400 converts $3,776/mo rent into after a $3,227/mo obligation. Total monthly income equals $3,776/mo. Return on cash invested prints 18.75% in year one, and rental yield reads 6.87% against a $659,400 entry. Equity gained on principal adds $4,255/yr, while 5% annual appreciation compiles into $182,180 by year five. Five-year ROI reaches 96.47% and total cumulative return in cash sums $209,293. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,776/mo property income covering a $3,227/mo payment, not borrower’s personal income.
Single Family
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30802, Appling, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,968 (100%) |
| Owner Occupied HU | 2,279 (76.8%) |
| Renter Occupied HU | 269 ( 9.1%) |
| Vacant Housing Units | 420 (14.2%) |
| Median Home Value | $452,608 |
| Average Home Value | $479,122 |
Housing Distribution
Address Breakdown
Residential
2,740
Single Family
2,737
Multi-Family
3
Businesses
182
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