357 Thomas DrEatontonGA31024
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder357 Thomas Dr, Eatonton, GA, 31024 in Eatonton earns a respectable 7.78% gross yield at $315,000, but after the $1,416/mo mortgage the net cash flow is $124/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.44) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $87,029 over five years, making equity the dominant return driver. Total projected return: $127,306.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 8.0% |
| Monthly Cash Flow | $124 | $350 |
City averages based on Eatonton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,041 |
| Total Monthly Debt Service | $1,792 |
| DSCR Ratio | 1.14x |
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 1975
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31024, Eatonton, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,158 (100%) |
| Owner Occupied HU | 7,108 (54.0%) |
| Renter Occupied HU | 2,298 (17.5%) |
| Vacant Housing Units | 3,752 (28.5%) |
| Median Home Value | $297,495 |
| Average Home Value | $420,523 |
Housing Distribution
Address Breakdown
Residential
10,987
Single Family
10,774
Multi-Family
213
Businesses
828
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 1975
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31024, Eatonton, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,158 (100%) |
| Owner Occupied HU | 7,108 (54.0%) |
| Renter Occupied HU | 2,298 (17.5%) |
| Vacant Housing Units | 3,752 (28.5%) |
| Median Home Value | $297,495 |
| Average Home Value | $420,523 |
Housing Distribution
Address Breakdown
Residential
10,987
Single Family
10,774
Multi-Family
213
Businesses
828
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices