494 Carrington CirThomasvilleGA31757
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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 Thomasville at 494 Carrington Cir, Thomasville, GA, 31757 with 5% annual appreciation on a $375,000 basis while $2,905/mo rent supports operations. Total monthly income totals $2,905/mo and a $1,835/mo payment preserves $611/mo for cash returns. Annual cash flow comes to $7,327/yr on $124,313 deployed, and return on cash invested reaches 25.8% in year one. Equity gained on principal adds $2,420/yr, and five-year appreciation sums $103,606 alongside rental yield of 9.3%. Five-year ROI measures 134.37% and total cumulative return in cash totals $167,043.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,905/mo property income versus a $1,835/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
1.03 Acres lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31757, Thomasville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,934 (100%) |
| Owner Occupied HU | 3,308 (67.0%) |
| Renter Occupied HU | 1,188 (24.1%) |
| Vacant Housing Units | 438 ( 8.9%) |
| Median Home Value | $293,182 |
| Average Home Value | $327,185 |
Housing Distribution
Address Breakdown
Residential
4,853
Single Family
4,761
Multi-Family
92
Businesses
235
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Listed by: Jason F Stanley • Avenues Real Estate Partners
Mls Name: TBR
Mls Provider:
Mls ID: #386220
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.