439 N Gray StMillenGA30442
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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
Rental property for sale in Millen at 439 N Gray St, Millen, GA, 30442 offers $975/mo rent that, after a $612/mo payment, leaves $178/mo cash flow. Total monthly income is $975/mo, and annual cash flow is $2,137/yr on $41,438 cash. Return on cash invested measures 25.07% in year one, and rental yield stands at 9.36% at a $125,000 entry. Equity gained on principal adds $807/yr while 5% annual appreciation compounds into $34,535 by year five. Five-year ROI records 130.85% and total cumulative return in cash reaches $54,221. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $975/mo property income versus a $612/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
0.38 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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Listed by: Sharon E. Black • Sharon Black Realty
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #319479
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.