3231 Pear AvePattersonGA31557
INVESTMENT ANALYSIS
Investment Verdict
Solid Income3231 Pear Ave, Patterson, GA, 31557 in Patterson is a solid income-producing rental, 8.71% gross yield, $1,997/mo rent, $323/mo net cash flow on a $275,000 buy. DSCR 1.61 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $75,977 and $2,533/yr in principal reduction project a total cumulative return of $124,971.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 7.0% |
| Monthly Cash Flow | $323 | $250 |
City averages based on Patterson market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,997 |
| Total Monthly Debt Service | $1,564 |
| DSCR Ratio | 1.28x |
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 2010
2.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31557, Patterson, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,460 (100%) |
| Owner Occupied HU | 1,035 (70.9%) |
| Renter Occupied HU | 240 (16.4%) |
| Vacant Housing Units | 185 (12.7%) |
| Median Home Value | $171,274 |
| Average Home Value | $188,971 |
Housing Distribution
Address Breakdown
Residential
1,281
Single Family
1,281
Multi-Family
0
Businesses
66
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 2010
2.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31557, Patterson, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,460 (100%) |
| Owner Occupied HU | 1,035 (70.9%) |
| Renter Occupied HU | 240 (16.4%) |
| Vacant Housing Units | 185 (12.7%) |
| Median Home Value | $171,274 |
| Average Home Value | $188,971 |
Housing Distribution
Address Breakdown
Residential
1,281
Single Family
1,281
Multi-Family
0
Businesses
66
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices