389 Magnolia DrWaverlyGA31565
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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
Rental property for sale in Waverly at 389 Magnolia Dr, Waverly, GA, 31565 priced at $365,000 pairs $2,602/mo rent with $381/mo cash flow after a $1,786/mo payment. Total monthly income equals $2,602/mo, and annual cash flow comes to $4,572/yr on $120,998 invested. Return on cash invested is 23.69% in year one, and rental yield stands at 8.55% on a $365,000 basis. Equity gained on principal adds $2,355/yr, and 5% annual appreciation accumulates to $100,843 by year five. Five-year ROI measures 123% and total cumulative return in cash reaches $148,831. For financing, Ziffy Mortgage’s DSCR program evaluates $2,602/mo property income against a $1,786/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31565, Waverly, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,155 (100%) |
| Owner Occupied HU | 827 (71.6%) |
| Renter Occupied HU | 119 (10.3%) |
| Vacant Housing Units | 209 (18.1%) |
| Median Home Value | $342,763 |
| Average Home Value | $368,942 |
Housing Distribution
Address Breakdown
Residential
1,112
Single Family
1,092
Multi-Family
20
Businesses
40
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