340 Palmetto Way NELudowiciGA31316
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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 Ludowici at 340 Palmetto Way NE, Ludowici, GA, 31316 offers $2,628/mo rent that, after a $1,517/mo payment, leaves $702/mo cash flow. Total monthly income is $2,628/mo, and annual cash flow is $8,420/yr on $102,746 cash. Return on cash invested measures 28.1% in year one, and rental yield stands at 10.17% at a $309,944 entry. Equity gained on principal adds $2,000/yr while 5% annual appreciation compounds into $85,632 by year five. Five-year ROI records 146.83% and total cumulative return in cash reaches $150,866. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,628/mo property income versus a $1,517/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.50 Acres lot
$N/A/sqft
$480 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31316, Ludowici, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,467 (100%) |
| Owner Occupied HU | 3,367 (61.6%) |
| Renter Occupied HU | 1,551 (28.4%) |
| Vacant Housing Units | 549 (10.0%) |
| Median Home Value | $237,235 |
| Average Home Value | $267,839 |
Housing Distribution
Address Breakdown
Residential
5,297
Single Family
5,297
Multi-Family
0
Businesses
150
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Listed by: Mary Jones • Mungo Homes Realty, LLC
Mls Name: HABR
Mls ID: #163307
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.