420 Ridge Point DrMonticelloGA31064
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 420 Ridge Point Dr, Monticello, GA, 31064 in Monticello fits: $1,384,900, 2.92% gross yield, and a projected 5% annual appreciation rate adding $382,622 in value within five years. Rental yield 2.92%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.54) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $12,755/yr in principal paydown and $382,622 in appreciation project a total return of $199,201.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.9% | 7.0% |
| Monthly Cash Flow | $(5,135) | $200 |
City averages based on Monticello market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,373 |
| Total Monthly Debt Service | $7,878 |
| DSCR Ratio | 0.43x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2022
1.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31064, Monticello, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,690 (100%) |
| Owner Occupied HU | 3,347 (71.4%) |
| Renter Occupied HU | 738 (15.7%) |
| Vacant Housing Units | 605 (12.9%) |
| Median Home Value | $265,837 |
| Average Home Value | $298,068 |
Housing Distribution
Address Breakdown
Residential
4,374
Single Family
4,364
Multi-Family
10
Businesses
283
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2022
1.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31064, Monticello, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,690 (100%) |
| Owner Occupied HU | 3,347 (71.4%) |
| Renter Occupied HU | 738 (15.7%) |
| Vacant Housing Units | 605 (12.9%) |
| Median Home Value | $265,837 |
| Average Home Value | $298,068 |
Housing Distribution
Address Breakdown
Residential
4,374
Single Family
4,364
Multi-Family
10
Businesses
283
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Diane O'Cain • SouthSide, REALTORS
Mls Name: GAMLS
Mls ID: #10661554