389 Long Acre RdRinconGA31326
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
Total monthly income runs $3,486/mo, and a $3,597/mo payment. Purchase price stands at $735,000, and rental yield measures 5.69% with $3,486/mo rent. Return on cash invested shows 15.16% in year one, and 5% annual appreciation builds toward $203,067 over five years. Five-year ROI reaches 77.23% and total cumulative return in cash records $186,756. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,486/mo property income covering a $3,597/mo payment rather than investor’s personal income.
Single Family
Built in 2006
14.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31326, Rincon, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,152 (100%) |
| Owner Occupied HU | 6,880 (67.8%) |
| Renter Occupied HU | 2,791 (27.5%) |
| Vacant Housing Units | 481 ( 4.7%) |
| Median Home Value | $286,885 |
| Average Home Value | $303,895 |
Housing Distribution
Address Breakdown
Residential
9,676
Single Family
8,862
Multi-Family
814
Businesses
744
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daphne Baron • Next Move Real Estate
Mls Name: GAMLS
Mls Provider:
Mls ID: #10428670
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.