343 W Morrison StMount VernonGA30445
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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 Mount Vernon at 343 W Morrison St, Mount Vernon, GA, 30445 generates $2,933/mo in rent and, after a $1,713/mo payment, leaves $803/mo in cash flow. Total monthly income is $2,933/mo, and annual cash flow is $9,636/yr on $115,992 invested. Return on cash invested sits at 28.22% in year one, and rental yield is 10.06% on a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 147.31% and total cumulative return in cash sums $170,862. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,933/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
4.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30445, Mount Vernon, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,318 (100%) |
| Owner Occupied HU | 749 (56.8%) |
| Renter Occupied HU | 358 (27.2%) |
| Vacant Housing Units | 211 (16.0%) |
| Median Home Value | $156,151 |
| Average Home Value | $202,677 |
Housing Distribution
Address Breakdown
Residential
956
Single Family
956
Multi-Family
0
Businesses
81
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Nearby investment properties with comparable prices
Listed by: Deidre H Barnett • South Central Realty
Mls Name: GAMLS
Mls ID: #10665883