316 Smith Dairy RdRay CityGA31645
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
Investment Highlights
Investment property for sale in Ray City at 316 Smith Dairy Rd, Ray City, GA, 31645 offers a 10.87% rental yield on a $255,900 purchase with $2,317/mo rent. Total monthly income registers $2,317/mo, and a $1,253/mo payment leaves $759/mo available for distribution. Annual cash flow reaches $9,109/yr on $84,831 to close, and return on cash invested stands at 30.65% in year one. Equity gained on principal adds $1,651/yr while 5% annual appreciation supports $70,700 over five years. Portfolio math shows five-year ROI at 160.35% and total cumulative return in cash at $136,022. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,317/mo property income against a $1,253/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31645, Ray City, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,167 (100%) |
| Owner Occupied HU | 1,329 (61.3%) |
| Renter Occupied HU | 624 (28.8%) |
| Vacant Housing Units | 214 ( 9.9%) |
| Median Home Value | $181,706 |
| Average Home Value | $190,028 |
Housing Distribution
Address Breakdown
Residential
1,863
Single Family
1,863
Multi-Family
0
Businesses
45
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