413 S Main StBostonGA31626
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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 Boston at 413 S Main St, Boston, GA, 31626 uses $91,163 cash to close to unlock $2,955/yr annual cash flow and $246/mo monthly cash flow. Total monthly income runs $1,920/mo, and a $1,346/mo payment keeps the spread at $246/mo. Purchase price stands at $275,000, and rental yield measures 8.38% with $1,920/mo rent. Return on cash invested shows 23.15% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 120.13% and total cumulative return in cash records $109,511. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,920/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1921
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31626, Boston, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,621 (100%) |
| Owner Occupied HU | 1,030 (63.5%) |
| Renter Occupied HU | 350 (21.6%) |
| Vacant Housing Units | 241 (14.9%) |
| Median Home Value | $181,356 |
| Average Home Value | $225,107 |
Housing Distribution
Address Breakdown
Residential
1,258
Single Family
1,258
Multi-Family
0
Businesses
68
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Listed by: Jason F Stanley • Avenues Real Estate Partners
Mls Name: TBR
Mls Provider:
Mls ID: #381773
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.