417 N Court 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
Rental property for sale in Quitman at 417 N Court St, Quitman, GA, 31643 offers $1,380/mo rent that, after a $2,986/mo payment. Total monthly income is $1,380/mo. Return on cash invested measures 6.11% in year one, and rental yield stands at 2.71% at a $610,000 entry. Equity gained on principal adds $3,936/yr while 5% annual appreciation compounds into $168,532 by year five. Five-year ROI records 28.7% and total cumulative return in cash reaches $57,595. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,380/mo property income versus a $2,986/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1903
0.51 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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Listed by: Lynette C Sirmon • All Realty Services
Mls Name: TBR
Mls Provider:
Mls ID: #380804
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.