427 Long Needle CirEvansGA30809
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 427 Long Needle Cir, Evans, GA, 30809 in Evans at $239,000 earns $1,684/mo in rent and nets $179/mo after the $1,075/mo payment, a 8.45% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $66,031 over five years. Ziffy Mortgage underwrites this on a 1.57 DSCR without U.S. credit history. With $2,201/yr in principal paydown, total projected return reaches $105,301.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 8.0% |
| Monthly Cash Flow | $179 | $1,200 |
City averages based on Evans market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,684 |
| Total Monthly Debt Service | $1,360 |
| DSCR Ratio | 1.24x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Townhouse
Built in 2004
2,439 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30809, Evans, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,572 (100%) |
| Owner Occupied HU | 16,095 (78.2%) |
| Renter Occupied HU | 3,475 (16.9%) |
| Vacant Housing Units | 1,002 ( 4.9%) |
| Median Home Value | $383,815 |
| Average Home Value | $409,900 |
Housing Distribution
Address Breakdown
Residential
19,780
Single Family
18,665
Multi-Family
1,115
Businesses
1,562
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
Townhouse
Built in 2004
2,439 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30809, Evans, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,572 (100%) |
| Owner Occupied HU | 16,095 (78.2%) |
| Renter Occupied HU | 3,475 (16.9%) |
| Vacant Housing Units | 1,002 ( 4.9%) |
| Median Home Value | $383,815 |
| Average Home Value | $409,900 |
Housing Distribution
Address Breakdown
Residential
19,780
Single Family
18,665
Multi-Family
1,115
Businesses
1,562
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices