346 Somers LnTiftonGA31794
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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 Tifton at 346 Somers Ln, Tifton, GA, 31794 priced at $445,000 converts $3,218/mo rent into $510/mo cash flow after a $2,178/mo obligation. Total monthly income equals $3,218/mo, and annual cash flow totals $6,117/yr on $147,518 invested. Return on cash invested prints 24.06% in year one, and rental yield reads 8.68% against a $445,000 entry. Equity gained on principal adds $2,872/yr, while 5% annual appreciation compiles into $122,945 by year five. Five-year ROI reaches 124.95% and total cumulative return in cash sums $184,316. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,218/mo property income covering a $2,178/mo payment, not borrower’s personal income.
Single Family
Built in 2023
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31794, Tifton, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,321 (100%) |
| Owner Occupied HU | 6,219 (50.5%) |
| Renter Occupied HU | 5,079 (41.2%) |
| Vacant Housing Units | 1,023 ( 8.3%) |
| Median Home Value | $183,181 |
| Average Home Value | $217,975 |
Housing Distribution
Address Breakdown
Residential
11,332
Single Family
10,711
Multi-Family
621
Businesses
1,130
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