502 S Hutchinson AveAdelGA31620
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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 Adel at 502 S Hutchinson Ave, Adel, GA, 31620 uses $89,472 cash to close to unlock $3,124/yr annual cash flow and $260/mo monthly cash flow. Total monthly income runs $1,903/mo, and a $1,321/mo payment keeps the spread at $260/mo. Purchase price stands at $269,900, and rental yield measures 8.46% with $1,903/mo rent. Return on cash invested shows 23.4% in year one, and 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 121.48% and total cumulative return in cash records $108,690. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,903/mo property income covering a $1,321/mo payment rather than investor’s personal income.
Single Family
Built in 1947
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31620, Adel, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,798 (100%) |
| Owner Occupied HU | 2,792 (58.2%) |
| Renter Occupied HU | 1,481 (30.9%) |
| Vacant Housing Units | 525 (10.9%) |
| Median Home Value | $167,915 |
| Average Home Value | $264,230 |
Housing Distribution
Address Breakdown
Residential
4,217
Single Family
4,217
Multi-Family
0
Businesses
476
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