308 N Randolph StOglethorpeGA31068
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 308 N Randolph St, Oglethorpe, GA, 31068 in Oglethorpe hard to pass up. The 17.95% gross yield on a $114,500 purchase results in $1,712/mo in rent and $1,016/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (3.32). Annual cash flow of $12,186, five-year appreciation of $31,634, and $1,055/yr in equity build-up combine for a projected total cumulative return of $108,711.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 18% | 6.0% |
| Monthly Cash Flow | $1,016 | $150 |
City averages based on Oglethorpe market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,712 |
| Total Monthly Debt Service | $651 |
| DSCR Ratio | 2.63x |
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 1900
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31068, Oglethorpe, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,409 (100%) |
| Owner Occupied HU | 782 (55.5%) |
| Renter Occupied HU | 394 (28.0%) |
| Vacant Housing Units | 233 (16.5%) |
| Median Home Value | $81,081 |
| Average Home Value | $165,093 |
Housing Distribution
Address Breakdown
Residential
773
Single Family
773
Multi-Family
0
Businesses
102
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 1900
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31068, Oglethorpe, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,409 (100%) |
| Owner Occupied HU | 782 (55.5%) |
| Renter Occupied HU | 394 (28.0%) |
| Vacant Housing Units | 233 (16.5%) |
| Median Home Value | $81,081 |
| Average Home Value | $165,093 |
Housing Distribution
Address Breakdown
Residential
773
Single Family
773
Multi-Family
0
Businesses
102
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices