505 Augusta AveThomasvilleGA31792
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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 Thomasville at 505 Augusta Ave, Thomasville, GA, 31792 generates $1,417/mo in rent and, after a $734/mo payment, leaves $504/mo in cash flow. Total monthly income is $1,417/mo, and annual cash flow is $6,052/yr on $49,692 invested. Return on cash invested sits at 32.09% in year one, and rental yield is 11.34% on a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 168.1% and total cumulative return in cash sums $83,531. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,417/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31792, Thomasville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,417 (100%) |
| Owner Occupied HU | 5,792 (50.7%) |
| Renter Occupied HU | 4,331 (37.9%) |
| Vacant Housing Units | 1,294 (11.3%) |
| Median Home Value | $244,769 |
| Average Home Value | $318,708 |
Housing Distribution
Address Breakdown
Residential
10,462
Single Family
9,683
Multi-Family
779
Businesses
1,041
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Listed by: Eugene Witherspoon • KeySouth Real Estate Group, Inc
Mls Name: TABRMLS
Mls ID: #925781