490 Spence RdOchlockneeGA31773
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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
Investment property for sale in Ochlocknee at 490 Spence Rd, Ochlocknee, GA, 31773 earns from $1,670/mo rent with a $1,835/mo payment. Total monthly income totals $1,670/mo. ROI tracks 14% on current figures, and rental yield reads 5.34% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 71.06% and total cumulative return in cash sums $88,335. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,670/mo property income instead of your personal income.
Single Family
Built in 1966
11.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31773, Ochlocknee, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,845 (100%) |
| Owner Occupied HU | 1,222 (66.2%) |
| Renter Occupied HU | 360 (19.5%) |
| Vacant Housing Units | 263 (14.3%) |
| Median Home Value | $249,750 |
| Average Home Value | $299,306 |
Housing Distribution
Address Breakdown
Residential
1,602
Single Family
1,602
Multi-Family
0
Businesses
53
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Listed by: Russ Taylor • KeySouth Real Estate Group, Inc
Mls Name: TABRMLS
Mls ID: #924527
Disclaimer: Copyright Thomasville Area Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.