507 3rd StBonaireGA31005
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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 Bonaire at 507 3rd St, Bonaire, GA, 31005 priced at $187,000 pairs $1,490/mo rent with $352/mo cash flow after a $915/mo payment. Total monthly income equals $1,490/mo, and annual cash flow comes to $4,226/yr on $61,991 invested. Return on cash invested is 26.73% in year one, and rental yield stands at 9.56% on a $187,000 basis. Equity gained on principal adds $1,207/yr, and 5% annual appreciation accumulates to $51,665 by year five. Five-year ROI measures 139.33% and total cumulative return in cash reaches $86,370. For financing, Ziffy Mortgage’s DSCR program evaluates $1,490/mo property income against a $915/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1993
0.39 Acres lot
$N/A/sqft
No HOA
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Listed by: Dexter Gordy • SOUTHERN CLASSIC REALTORS
Mls Name: CGMLS
Mls ID: #246986
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.