42 Wilmar AveDouglasGA31533
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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 Douglas at 42 Wilmar Ave, Douglas, GA, 31533 offers a 11.61% rental yield on a $209,000 purchase with $2,022/mo rent. Total monthly income registers $2,022/mo, and a $1,023/mo payment leaves $750/mo available for distribution. Annual cash flow reaches $8,999/yr on $69,284 to close, and return on cash invested stands at 32.9% in year one. Equity gained on principal adds $1,349/yr while 5% annual appreciation supports $57,743 over five years. Portfolio math shows five-year ROI at 172.35% and total cumulative return in cash at $119,414. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,022/mo property income against a $1,023/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31533, Douglas, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,000 (100%) |
| Owner Occupied HU | 3,478 (49.7%) |
| Renter Occupied HU | 2,687 (38.4%) |
| Vacant Housing Units | 835 (11.9%) |
| Median Home Value | $157,522 |
| Average Home Value | $189,629 |
Housing Distribution
Address Breakdown
Residential
6,665
Single Family
6,424
Multi-Family
241
Businesses
985
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