420 Ridge Point DrMonticelloGA31064
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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 Monticello at 420 Ridge Point Dr, Monticello, GA, 31064 earns from $3,373/mo rent with a $6,778/mo payment. Total monthly income totals $3,373/mo. ROI tracks 6.85% on current figures, and rental yield reads 2.92% at a $1,384,900 purchase. Equity gained on principal adds $8,937/yr, and 5% annual appreciation supports $382,622 over five years. Five-year ROI reaches 32.58% and total cumulative return in cash sums $146,179. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,373/mo property income instead of your personal income.
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
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Listed by: Diane O'Cain • SouthSide, REALTORS
Mls Name: GAMLS
Mls ID: #10661554