321 Mae LnBaxleyGA31513
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 Baxley at 321 Mae Ln, Baxley, GA, 31513 uses $38,123 cash to close to unlock $2,280/yr annual cash flow and $190/mo monthly cash flow. Total monthly income runs $890/mo, and a $563/mo payment keeps the spread at $190/mo. Purchase price stands at $115,000, and rental yield measures 9.29% with $890/mo rent. Return on cash invested shows 25.89% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 134.75% and total cumulative return in cash records $51,369. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $890/mo property income covering a $563/mo payment rather than investor’s personal income.
Manufactured
Built in 1999
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31513, Baxley, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,431 (100%) |
| Owner Occupied HU | 4,696 (63.2%) |
| Renter Occupied HU | 1,636 (22.0%) |
| Vacant Housing Units | 1,099 (14.8%) |
| Median Home Value | $123,864 |
| Average Home Value | $181,319 |
Housing Distribution
Address Breakdown
Residential
6,638
Single Family
6,608
Multi-Family
30
Businesses
575
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices