483 Greasy Creek StHomerGA30547
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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
Total monthly income runs $1,988/mo, and a $1,884/mo payment. Purchase price stands at $385,000, and rental yield measures 6.2% with $1,988/mo rent. Return on cash invested shows 16.57% in year one, and 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 84.85% and total cumulative return in cash records $108,286. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,988/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Single Family
Built in 1963
13.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30547, Homer, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,434 (100%) |
| Owner Occupied HU | 1,019 (71.1%) |
| Renter Occupied HU | 272 (19.0%) |
| Vacant Housing Units | 143 ( 10.0%) |
| Median Home Value | $324,905 |
| Average Home Value | $396,970 |
Housing Distribution
Address Breakdown
Residential
1,628
Single Family
1,628
Multi-Family
0
Businesses
199
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