509 E 8th StAdelGA31620
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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 Adel at 509 E 8th St, Adel, GA, 31620 offers a 9.49% rental yield on a $139,900 purchase with $1,106/mo rent. Total monthly income registers $1,106/mo, and a $685/mo payment leaves $254/mo available for distribution. Annual cash flow reaches $3,051/yr on $46,377 to close, and return on cash invested stands at 26.49% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,652 over five years. Portfolio math shows five-year ROI at 138.08% and total cumulative return in cash at $64,035. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,106/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31620, Adel, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,798 (100%) |
| Owner Occupied HU | 2,792 (58.2%) |
| Renter Occupied HU | 1,481 (30.9%) |
| Vacant Housing Units | 525 (10.9%) |
| Median Home Value | $167,915 |
| Average Home Value | $264,230 |
Housing Distribution
Address Breakdown
Residential
4,217
Single Family
4,217
Multi-Family
0
Businesses
476
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