3200 Hickory Head RdQuitmanGA31643
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 Quitman at 3200 Hickory Head Rd, Quitman, GA, 31643 offers $2,970/mo rent that, after a $5,873/mo payment. Total monthly income is $2,970/mo. Return on cash invested measures 7% in year one, and rental yield stands at 2.97% at a $1,200,000 entry. Equity gained on principal adds $7,743/yr while 5% annual appreciation compounds into $331,538 by year five. Five-year ROI records 33.36% and total cumulative return in cash reaches $129,695. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,970/mo property income versus a $5,873/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
43.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31643, Quitman, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,926 (100%) |
| Owner Occupied HU | 2,240 (57.1%) |
| Renter Occupied HU | 1,184 (30.2%) |
| Vacant Housing Units | 502 (12.8%) |
| Median Home Value | $158,147 |
| Average Home Value | $243,631 |
Housing Distribution
Address Breakdown
Residential
3,588
Single Family
3,491
Multi-Family
97
Businesses
345
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