509 Turner AvePalmettoGA30268
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Palmetto rentals match the income profile of 509 Turner Ave, Palmetto, GA, 30268. Listed at $290,000, gross rent is $3,918/mo and net cash flow is $2,153/mo, a 16.21% yield well above national averages. DSCR 3.00 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $80,122 by year five with $2,671/yr in annual principal reduction, projecting $248,408 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 16.2% | 6.5% |
| Monthly Cash Flow | $2,153 | $300 |
City averages based on Palmetto market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,918 |
| Total Monthly Debt Service | $1,650 |
| DSCR Ratio | 2.38x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1952
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30268, Palmetto, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,877 (100%) |
| Owner Occupied HU | 3,219 (66.0%) |
| Renter Occupied HU | 1,144 (23.5%) |
| Vacant Housing Units | 514 (10.5%) |
| Median Home Value | $306,511 |
| Average Home Value | $434,021 |
Housing Distribution
Address Breakdown
Residential
4,608
Single Family
3,796
Multi-Family
812
Businesses
401
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
Single Family
Built in 1952
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30268, Palmetto, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,877 (100%) |
| Owner Occupied HU | 3,219 (66.0%) |
| Renter Occupied HU | 1,144 (23.5%) |
| Vacant Housing Units | 514 (10.5%) |
| Median Home Value | $306,511 |
| Average Home Value | $434,021 |
Housing Distribution
Address Breakdown
Residential
4,608
Single Family
3,796
Multi-Family
812
Businesses
401
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices