503 Grady St SWPelhamGA31779
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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
Rental property for sale in Pelham at 503 Grady St SW, Pelham, GA, 31779 priced at $149,000 converts $1,355/mo rent into $364/mo cash flow after a $729/mo obligation. Total monthly income equals $1,355/mo, and annual cash flow totals $4,370/yr on $49,394 invested. Return on cash invested prints 28.76% in year one, and rental yield reads 10.91% against a $149,000 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation compiles into $41,166 by year five. Five-year ROI reaches 150.98% and total cumulative return in cash sums $74,572. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,355/mo property income covering a $729/mo payment, not borrower’s personal income.
Single Family
Built in 1960
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31779, Pelham, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,244 (100%) |
| Owner Occupied HU | 1,953 (60.2%) |
| Renter Occupied HU | 989 (30.5%) |
| Vacant Housing Units | 302 ( 9.3%) |
| Median Home Value | $171,338 |
| Average Home Value | $224,224 |
Housing Distribution
Address Breakdown
Residential
3,105
Single Family
3,081
Multi-Family
24
Businesses
226
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