309 Wilkinson Rd NELudowiciGA31316
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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 Ludowici at 309 Wilkinson Rd NE, Ludowici, GA, 31316 priced at $210,000 converts $1,494/mo rent into $216/mo cash flow after a $1,028/mo obligation. Total monthly income equals $1,494/mo, and annual cash flow totals $2,589/yr on $69,615 invested. Return on cash invested prints 23.63% in year one, and rental yield reads 8.54% against a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation compiles into $58,019 by year five. Five-year ROI reaches 122.63% and total cumulative return in cash sums $85,372. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,494/mo property income covering a $1,028/mo payment, not borrower’s personal income.
Single Family
Built in 1997
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31316, Ludowici, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,467 (100%) |
| Owner Occupied HU | 3,367 (61.6%) |
| Renter Occupied HU | 1,551 (28.4%) |
| Vacant Housing Units | 549 (10.0%) |
| Median Home Value | $237,235 |
| Average Home Value | $267,839 |
Housing Distribution
Address Breakdown
Residential
5,297
Single Family
5,297
Multi-Family
0
Businesses
150
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Listed by: Caitlyn Rowe • American Veteran Properties, I
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #329951
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