320 McMillan RdOchlockneeGA31773
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 320 McMillan Rd, Ochlocknee, GA, 31773 in Ochlocknee. At $579,000 it earns $3,887/mo in rent and distributes $363/mo to the owner after the $2,604/mo payment, a consistent 8.06% yield. DSCR 1.49 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $159,967 in value; $5,333/yr in principal paydown compounds ownership stake. Total projected return: $242,676.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 8.0% |
| Monthly Cash Flow | $363 | $300 |
City averages based on Ochlocknee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,887 |
| Total Monthly Debt Service | $3,294 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1994
6.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31773, Ochlocknee, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,845 (100%) |
| Owner Occupied HU | 1,222 (66.2%) |
| Renter Occupied HU | 360 (19.5%) |
| Vacant Housing Units | 263 (14.3%) |
| Median Home Value | $249,750 |
| Average Home Value | $299,306 |
Housing Distribution
Address Breakdown
Residential
1,602
Single Family
1,602
Multi-Family
0
Businesses
53
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
Single Family
Built in 1994
6.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31773, Ochlocknee, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,845 (100%) |
| Owner Occupied HU | 1,222 (66.2%) |
| Renter Occupied HU | 360 (19.5%) |
| Vacant Housing Units | 263 (14.3%) |
| Median Home Value | $249,750 |
| Average Home Value | $299,306 |
Housing Distribution
Address Breakdown
Residential
1,602
Single Family
1,602
Multi-Family
0
Businesses
53
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices