325 W Forest AveHomervilleGA31634
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 325 W Forest Ave, Homerville, GA, 31634 in Homerville deserves attention. This $124,900 property earns $1,480/mo in rent, a 14.22% gross yield, and nets $719/mo after the $562/mo payment. DSCR 2.63 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $34,508 compounds alongside $1,150/yr in yearly equity build, for a total cumulative return of $93,646.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.2% | 8.5% |
| Monthly Cash Flow | $719 | $300 |
City averages based on Homerville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,480 |
| Total Monthly Debt Service | $710 |
| DSCR Ratio | 2.08x |
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 2022
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31634, Homerville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,529 (100%) |
| Owner Occupied HU | 1,456 (57.6%) |
| Renter Occupied HU | 700 (27.7%) |
| Vacant Housing Units | 373 (14.7%) |
| Median Home Value | $89,712 |
| Average Home Value | $139,979 |
Housing Distribution
Address Breakdown
Residential
2,077
Single Family
2,077
Multi-Family
0
Businesses
252
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 2022
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31634, Homerville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,529 (100%) |
| Owner Occupied HU | 1,456 (57.6%) |
| Renter Occupied HU | 700 (27.7%) |
| Vacant Housing Units | 373 (14.7%) |
| Median Home Value | $89,712 |
| Average Home Value | $139,979 |
Housing Distribution
Address Breakdown
Residential
2,077
Single Family
2,077
Multi-Family
0
Businesses
252
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: June Mercer • Valdosta Real Estate
Mls Name: South Georgia MLS
Mls Provider:
Mls ID: #145670
Disclaimer: Copyright South Georgia MLS. All rights reserved. Information is deemed reliable but not guaranteed.