31 Carson St 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
Investment property for sale in Ludowici at 31 Carson St NE, Ludowici, GA, 31316 uses $94,474 cash to close to unlock $2,747/yr annual cash flow and $229/mo monthly cash flow. Total monthly income runs $2,002/mo, and a $1,395/mo payment keeps the spread at $229/mo. Purchase price stands at $284,990, and rental yield measures 8.43% with $2,002/mo rent. Return on cash invested shows 22.82% in year one, and 5% annual appreciation builds toward $78,737 over five years. Five-year ROI reaches 118.47% and total cumulative return in cash records $111,927. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,002/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Single Family
Built in 2006
0.71 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: Rachel Peterson • LPT Realty, LLC
Mls Name: HABR
Mls ID: #163520
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.