360 Leitner Mill RdHarlemGA30814
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 360 Leitner Mill Rd, Harlem, GA, 30814 in Harlem. Rental yield 5.43%. At $518,000 with 5.43% gross yield, current distributions are modest, but the 5% appreciation rate projects $143,114 in new equity by year five, complemented by $4,771/yr in principal paydown. Ziffy Mortgage's DSCR loan (1.03) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $147,778.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.4% | 6.5% |
| Monthly Cash Flow | $(825) | $450 |
City averages based on Harlem market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,400 |
| Total Monthly Debt Service | $2,947 |
| DSCR Ratio | 0.81x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2023
1.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30814, Harlem, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,113 (100%) |
| Owner Occupied HU | 3,169 (77.0%) |
| Renter Occupied HU | 709 (17.2%) |
| Vacant Housing Units | 235 ( 5.7%) |
| Median Home Value | $322,684 |
| Average Home Value | $324,520 |
Housing Distribution
Address Breakdown
Residential
3,776
Single Family
3,776
Multi-Family
0
Businesses
152
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 2023
1.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30814, Harlem, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,113 (100%) |
| Owner Occupied HU | 3,169 (77.0%) |
| Renter Occupied HU | 709 (17.2%) |
| Vacant Housing Units | 235 ( 5.7%) |
| Median Home Value | $322,684 |
| Average Home Value | $324,520 |
Housing Distribution
Address Breakdown
Residential
3,776
Single Family
3,776
Multi-Family
0
Businesses
152
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan L Ogletree • Meybohm Real Estate - Evans
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #538704
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.