403 W Broxton LnManchesterGA31816
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 Manchester at 403 W Broxton Ln, Manchester, GA, 31816 offers a 8.05% rental yield on a $169,900 purchase with $1,140/mo rent. Total monthly income registers $1,140/mo, and a $832/mo payment leaves $106/mo available for distribution. Annual cash flow reaches $1,266/yr on $56,322 to close, and return on cash invested stands at 22.16% in year one. Equity gained on principal adds $1,096/yr while 5% annual appreciation supports $46,940 over five years. Portfolio math shows five-year ROI at 114.8% and total cumulative return in cash at $64,658. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,140/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31816, Manchester, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,503 (100%) |
| Owner Occupied HU | 1,376 (55.0%) |
| Renter Occupied HU | 784 (31.3%) |
| Vacant Housing Units | 343 (13.7%) |
| Median Home Value | $155,060 |
| Average Home Value | $202,373 |
Housing Distribution
Address Breakdown
Residential
2,106
Single Family
2,106
Multi-Family
0
Businesses
246
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hillary Evans Flynn • Evans Realty
Mls Name: CBORGA
Mls ID: #225223