5065 Palmer RdMeigsGA31765
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
Investment property for sale in Meigs at 5065 Palmer Rd, Meigs, GA, 31765 earns $655/mo cash flow from $1,538/mo rent with a $710/mo payment. Total monthly income totals $1,538/mo, and annual cash flow totals $7,863/yr on $48,068 capital. ROI tracks 36.27% on current figures, and rental yield reads 12.73% at a $145,000 purchase. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 over five years. Five-year ROI reaches 190.52% and total cumulative return in cash sums $91,580. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,538/mo property income instead of your personal income.
Single Family
Built in 2002
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31765, Meigs, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,149 (100%) |
| Owner Occupied HU | 755 (65.7%) |
| Renter Occupied HU | 275 (23.9%) |
| Vacant Housing Units | 119 (10.4%) |
| Median Home Value | $168,945 |
| Average Home Value | $235,331 |
Housing Distribution
Address Breakdown
Residential
770
Single Family
770
Multi-Family
0
Businesses
41
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jason F Stanley • Avenues Real Estate Partners
Mls Name: TBR
Mls Provider:
Mls ID: #377133
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.