3221 Michelle DrApplingGA30802
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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 Appling at 3221 Michelle Dr, Appling, GA, 30802 priced at $279,000 pairs $1,955/mo rent with $257/mo cash flow after a $1,366/mo payment. Total monthly income equals $1,955/mo, and annual cash flow comes to $3,078/yr on $92,489 invested. Return on cash invested is 23.24% in year one, and rental yield stands at 8.41% on a $279,000 basis. Equity gained on principal adds $1,800/yr, and 5% annual appreciation accumulates to $77,083 by year five. Five-year ROI measures 120.57% and total cumulative return in cash reaches $111,511. For financing, Ziffy Mortgage’s DSCR program evaluates $1,955/mo property income against a $1,366/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2023
2.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30802, Appling, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,968 (100%) |
| Owner Occupied HU | 2,279 (76.8%) |
| Renter Occupied HU | 269 ( 9.1%) |
| Vacant Housing Units | 420 (14.2%) |
| Median Home Value | $452,608 |
| Average Home Value | $479,122 |
Housing Distribution
Address Breakdown
Residential
2,740
Single Family
2,737
Multi-Family
3
Businesses
182
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Listed by: Katie Greene • Franke Real Properties, Llc
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #533130
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.