414 Wells RdHomerGA30547
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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
Rental property for sale in Homer at 414 Wells Rd, Homer, GA, 30547 offers $2,110/mo rent that, after a $1,415/mo payment, leaves $351/mo cash flow. Total monthly income is $2,110/mo, and annual cash flow is $4,207/yr on $95,804 cash. Return on cash invested measures 24.3% in year one, and rental yield stands at 8.76% at a $289,000 entry. Equity gained on principal adds $1,865/yr while 5% annual appreciation compounds into $79,845 by year five. Five-year ROI records 126.26% and total cumulative return in cash reaches $120,962. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,110/mo property income versus a $1,415/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2014
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30547, Homer, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,434 (100%) |
| Owner Occupied HU | 1,019 (71.1%) |
| Renter Occupied HU | 272 (19.0%) |
| Vacant Housing Units | 143 ( 10.0%) |
| Median Home Value | $324,905 |
| Average Home Value | $396,970 |
Housing Distribution
Address Breakdown
Residential
1,628
Single Family
1,628
Multi-Family
0
Businesses
199
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Listed by: Taya Parham • At Home Real Estate
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1022844
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.