3228 S Highway 199RockledgeGA30454
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 3228 S Highway 199, Rockledge, GA, 30454 in Rockledge. Priced at $105,000, it generates $1,650/mo in gross rent and $1,011/mo in net monthly cash flow, a 18.86% yield that comfortably supports the 3.50 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $12,131. Five-year appreciation: $29,010. Equity from principal paydown: $967/yr. Total projected cumulative return: $104,835.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 18.9% | 5.5% |
| Monthly Cash Flow | $1,011 | $1,200 |
City averages based on Rockledge market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,650 |
| Total Monthly Debt Service | $597 |
| DSCR Ratio | 2.76x |
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.
Manufactured
Built in 1993
9.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30454, Rockledge, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 375 (100%) |
| Owner Occupied HU | 257 (68.5%) |
| Renter Occupied HU | 67 (17.9%) |
| Vacant Housing Units | 51 (13.6%) |
| Median Home Value | $177,404 |
| Average Home Value | $170,730 |
Housing Distribution
Address Breakdown
Residential
291
Single Family
291
Multi-Family
0
Businesses
3
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
Manufactured
Built in 1993
9.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30454, Rockledge, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 375 (100%) |
| Owner Occupied HU | 257 (68.5%) |
| Renter Occupied HU | 67 (17.9%) |
| Vacant Housing Units | 51 (13.6%) |
| Median Home Value | $177,404 |
| Average Home Value | $170,730 |
Housing Distribution
Address Breakdown
Residential
291
Single Family
291
Multi-Family
0
Businesses
3
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices