487 N Herndon RoadMillenGA30442
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Millen at 487 N Herndon Road, Millen, GA, 30442 projects strong ROI of -3.2%. Rental yield 0%. With 5% annual appreciation, the property builds $725,239 in value over five years. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.0% |
| Monthly Cash Flow | $0 | $300 |
City averages based on Millen market data in our database. Property projections are estimates.
Single Family
Built in 1990
74 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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 1990
74 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
Nearby investment properties with comparable rents
No similar rental properties found nearby.