314 Pine StHomervilleGA31634
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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 Homerville at 314 Pine St, Homerville, GA, 31634 priced at $409,000 converts $3,031/mo rent into $542/mo cash flow after a $2,002/mo obligation. Total monthly income equals $3,031/mo, and annual cash flow totals $6,499/yr on $135,584 invested. Return on cash invested prints 24.7% in year one, and rental yield reads 8.89% against a $409,000 entry. Equity gained on principal adds $2,639/yr, while 5% annual appreciation compiles into $112,999 by year five. Five-year ROI reaches 128.42% and total cumulative return in cash sums $174,117. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,031/mo property income covering a $2,002/mo payment, not borrower’s personal income.
Single Family
Built in 2024
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31634, Homerville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,529 (100%) |
| Owner Occupied HU | 1,456 (57.6%) |
| Renter Occupied HU | 700 (27.7%) |
| Vacant Housing Units | 373 (14.7%) |
| Median Home Value | $89,712 |
| Average Home Value | $139,979 |
Housing Distribution
Address Breakdown
Residential
2,077
Single Family
2,077
Multi-Family
0
Businesses
252
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Listed by: Christina Parker • Trelora Realty, Inc.
Mls Name: GAMLS
Mls ID: #10606179