463 State StCommerceGA30529
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
Investment Highlights
Rental property for sale in Commerce at 463 State St, Commerce, GA, 30529 priced at $275,000 pairs $1,712/mo rent with $38/mo cash flow after a $1,346/mo payment. Total monthly income equals $1,712/mo, and annual cash flow comes to $459/yr on $91,163 invested. Return on cash invested is 20.41% in year one, and rental yield stands at 7.47% on a $275,000 basis. Equity gained on principal adds $1,775/yr, and 5% annual appreciation accumulates to $75,977 by year five. Five-year ROI measures 105.45% and total cumulative return in cash reaches $96,131. For financing, Ziffy Mortgage’s DSCR program evaluates $1,712/mo property income against a $1,346/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1947
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30529, Commerce, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,262 (100%) |
| Owner Occupied HU | 3,335 (63.4%) |
| Renter Occupied HU | 1,562 (29.7%) |
| Vacant Housing Units | 365 ( 6.9%) |
| Median Home Value | $303,535 |
| Average Home Value | $329,227 |
Housing Distribution
Address Breakdown
Residential
5,396
Single Family
5,100
Multi-Family
296
Businesses
918
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joseph Eterno • Keller Williams Greater Athens
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1025186
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.