405 Cook RdFlemingGA31309
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 405 Cook Rd, Fleming, GA, 31309 in Fleming hard to pass up. The 16.53% gross yield on a $269,000 purchase results in $3,706/mo in rent and $2,068/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (3.06). Annual cash flow of $24,821, five-year appreciation of $74,320, and $2,478/yr in equity build-up combine for a projected total cumulative return of $235,021.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 16.5% | 8.0% |
| Monthly Cash Flow | $2,068 | $300 |
City averages based on Fleming market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,706 |
| Total Monthly Debt Service | $1,530 |
| DSCR Ratio | 2.42x |
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 2009
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31309, Fleming, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 419 (100%) |
| Owner Occupied HU | 297 (70.9%) |
| Renter Occupied HU | 70 (16.7%) |
| Vacant Housing Units | 52 (12.4%) |
| Median Home Value | $260,326 |
| Average Home Value | $283,232 |
Housing Distribution
Address Breakdown
Residential
384
Single Family
384
Multi-Family
0
Businesses
14
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 2009
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31309, Fleming, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 419 (100%) |
| Owner Occupied HU | 297 (70.9%) |
| Renter Occupied HU | 70 (16.7%) |
| Vacant Housing Units | 52 (12.4%) |
| Median Home Value | $260,326 |
| Average Home Value | $283,232 |
Housing Distribution
Address Breakdown
Residential
384
Single Family
384
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices