502 W Alapaha StFitzgeraldGA31750
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Fitzgerald at 502 W Alapaha St, Fitzgerald, GA, 31750 offers $918/mo rent that, after a $597/mo payment, leaves $176/mo cash flow. Total monthly income is $918/mo, and annual cash flow is $2,107/yr on $40,443 cash. Return on cash invested measures 25.12% in year one, and rental yield stands at 9.03% at a $122,000 entry. Equity gained on principal adds $787/yr while 5% annual appreciation compounds into $33,706 by year five. Five-year ROI records 130.67% and total cumulative return in cash reaches $52,847. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $918/mo property income versus a $597/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31750, Fitzgerald, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,566 (100%) |
| Owner Occupied HU | 4,661 (54.4%) |
| Renter Occupied HU | 2,862 (33.4%) |
| Vacant Housing Units | 1,043 (12.2%) |
| Median Home Value | $150,969 |
| Average Home Value | $179,994 |
Housing Distribution
Address Breakdown
Residential
7,551
Single Family
7,320
Multi-Family
231
Businesses
675
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dorey Hawkins • Keller Williams Middle Georgia
Mls Name: GAMLS
Mls ID: #10614947