318 E Bay StJesupGA31546
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
Rental property for sale in Jesup at 318 E Bay St, Jesup, GA, 31546 priced at $308,000 converts $2,120/mo rent into $245/mo cash flow after a $1,508/mo obligation. Total monthly income equals $2,120/mo, and annual cash flow totals $2,940/yr on $102,102 invested. Return on cash invested prints 22.79% in year one, and rental yield reads 8.26% against a $308,000 entry. Equity gained on principal adds $1,987/yr, while 5% annual appreciation compiles into $85,095 by year five. Five-year ROI reaches 118.13% and total cumulative return in cash sums $120,616. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,120/mo property income covering a $1,508/mo payment, not borrower’s personal income.
Single Family
Built in 1928
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31546, Jesup, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,849 (100%) |
| Owner Occupied HU | 1,773 (62.2%) |
| Renter Occupied HU | 814 (28.6%) |
| Vacant Housing Units | 262 ( 9.2%) |
| Median Home Value | $229,299 |
| Average Home Value | $259,110 |
Housing Distribution
Address Breakdown
Residential
2,729
Single Family
2,729
Multi-Family
0
Businesses
158
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Listed by: Sl Realty Group • Coldwell Banker Southern Coast
Mls Name: HABR
Mls ID: #156144
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.