413 E Johnson StQuitmanGA31643
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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 Quitman at 413 E Johnson St, Quitman, GA, 31643 uses $76,411 cash to close to unlock $14,802/yr annual cash flow and $1,233/mo monthly cash flow. Total monthly income runs $2,732/mo, and a $1,128/mo payment keeps the spread at $1,233/mo. Purchase price stands at $230,500, and rental yield measures 14.22% with $2,732/mo rent. Return on cash invested shows 39.28% in year one, and 5% annual appreciation builds toward $63,683 over five years. Five-year ROI reaches 207.17% and total cumulative return in cash records $158,300. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,732/mo property income covering a $1,128/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31643, Quitman, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,926 (100%) |
| Owner Occupied HU | 2,240 (57.1%) |
| Renter Occupied HU | 1,184 (30.2%) |
| Vacant Housing Units | 502 (12.8%) |
| Median Home Value | $158,147 |
| Average Home Value | $243,631 |
Housing Distribution
Address Breakdown
Residential
3,588
Single Family
3,491
Multi-Family
97
Businesses
345
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