423 Richards AveMillenGA30442
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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
Investment Highlights
Investment property for sale in Millen at 423 Richards Ave, Millen, GA, 30442 at $145,000 posts ROI 25.08% with $207/mo cash flow from $1,090/mo rent. Total monthly income equals $1,090/mo, and annual cash flow records $2,487/yr on $48,068 to close. Return on cash invested measures 25.08% and rental yield reads 9.02% at the current $145,000. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 by year five. Five-year ROI prints 130.56% and total cumulative return in cash totals $62,756.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,090/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1974
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30442, Millen, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,016 (100%) |
| Owner Occupied HU | 2,230 (55.5%) |
| Renter Occupied HU | 974 (24.3%) |
| Vacant Housing Units | 812 (20.2%) |
| Median Home Value | $103,502 |
| Average Home Value | $168,481 |
Housing Distribution
Address Breakdown
Residential
3,021
Single Family
2,993
Multi-Family
28
Businesses
268
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