402 S Smith StSandersvilleGA31082
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe cash-flow margin at 402 S Smith St, Sandersville, GA, 31082 in Sandersville is narrow, $134/mo net on $1,992/mo rent after the $1,349/mo debt service, but the property operates at break-even-plus, not a loss. At $299,900 with a 7.97% yield, the long-run equity case via 5% appreciation ($82,857 over five years) and $2,762/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.48 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $122,335.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 8.0% |
| Monthly Cash Flow | $134 | $400 |
City averages based on Sandersville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,992 |
| Total Monthly Debt Service | $1,739 |
| DSCR Ratio | 1.15x |
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
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31082, Sandersville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,705 (100%) |
| Owner Occupied HU | 2,751 (58.5%) |
| Renter Occupied HU | 1,380 (29.3%) |
| Vacant Housing Units | 574 (12.2%) |
| Median Home Value | $167,728 |
| Average Home Value | $210,803 |
Housing Distribution
Address Breakdown
Residential
4,328
Single Family
4,170
Multi-Family
158
Businesses
569
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
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31082, Sandersville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,705 (100%) |
| Owner Occupied HU | 2,751 (58.5%) |
| Renter Occupied HU | 1,380 (29.3%) |
| Vacant Housing Units | 574 (12.2%) |
| Median Home Value | $167,728 |
| Average Home Value | $210,803 |
Housing Distribution
Address Breakdown
Residential
4,328
Single Family
4,170
Multi-Family
158
Businesses
569
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices