428 Riverview StMillenGA30442
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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 428 Riverview St, Millen, GA, 30442 offers a 9.4% rental yield on a $149,700 purchase with $1,173/mo rent. Total monthly income registers $1,173/mo, and a $733/mo payment leaves $262/mo available for distribution. Annual cash flow reaches $3,139/yr on $49,626 to close, and return on cash invested stands at 26.23% in year one. Equity gained on principal adds $966/yr while 5% annual appreciation supports $41,359 over five years. Portfolio math shows five-year ROI at 136.69% and total cumulative return in cash at $67,832. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,173/mo property income against a $733/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
0.28 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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