359 Oak StMonticelloGA31064
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
Investment Highlights
Investment property for sale in Monticello at 359 Oak St, Monticello, GA, 31064 uses $77,074 cash to close to unlock $10,547/yr annual cash flow and $879/mo monthly cash flow. Total monthly income runs $2,294/mo, and a $1,138/mo payment keeps the spread at $879/mo. Purchase price stands at $232,500, and rental yield measures 11.84% with $2,294/mo rent. Return on cash invested shows 33.59% in year one, and 5% annual appreciation builds toward $64,235 over five years. Five-year ROI reaches 176.06% and total cumulative return in cash records $135,696. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,294/mo property income covering a $1,138/mo payment rather than investor’s personal income.
Single Family
Built in 1987
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31064, Monticello, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,690 (100%) |
| Owner Occupied HU | 3,347 (71.4%) |
| Renter Occupied HU | 738 (15.7%) |
| Vacant Housing Units | 605 (12.9%) |
| Median Home Value | $265,837 |
| Average Home Value | $298,068 |
Housing Distribution
Address Breakdown
Residential
4,374
Single Family
4,364
Multi-Family
10
Businesses
283
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Andrea Byer • Byer Realty
Mls Name: Hive MLS
Mls ID: #CL338579