316 W Moring StreetSwainsboroGA30401
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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 Swainsboro at 316 W Moring Street, Swainsboro, GA, 30401 with 5% annual appreciation on a $270,000 basis while $1,693/mo rent supports operations. Total monthly income totals $1,693/mo and a $1,322/mo payment preserves $49/mo for cash returns. Annual cash flow comes to $591/yr on $89,505 deployed, and return on cash invested reaches 20.57% in year one. Equity gained on principal adds $1,742/yr, and five-year appreciation sums $74,596 alongside rental yield of 7.52%. Five-year ROI measures 106.29% and total cumulative return in cash totals $95,137.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,693/mo property income versus a $1,322/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1969
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30401, Swainsboro, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,877 (100%) |
| Owner Occupied HU | 3,036 (51.7%) |
| Renter Occupied HU | 2,168 (36.9%) |
| Vacant Housing Units | 673 (11.5%) |
| Median Home Value | $116,715 |
| Average Home Value | $172,922 |
Housing Distribution
Address Breakdown
Residential
5,299
Single Family
5,230
Multi-Family
69
Businesses
725
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Listed by: Jack Conner • Coldwell Banker Conner Realty
Mls Name: Hive MLS
Mls ID: #SA336730