51 Merritt StHawkinsvilleGA31036
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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 Hawkinsville at 51 Merritt St, Hawkinsville, GA, 31036 generates $1,320/mo in rent, after a $1,199/mo payment. Total monthly income is $1,320/mo. Return on cash invested sits at 17.38% in year one, and rental yield is 6.47% on a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 89.23% and total cumulative return in cash sums $72,468. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,320/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31036, Hawkinsville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,825 (100%) |
| Owner Occupied HU | 2,986 (61.9%) |
| Renter Occupied HU | 1,078 (22.3%) |
| Vacant Housing Units | 761 (15.8%) |
| Median Home Value | $205,710 |
| Average Home Value | $236,855 |
Housing Distribution
Address Breakdown
Residential
4,041
Single Family
4,000
Multi-Family
41
Businesses
326
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Listed by: Ramsey Howard • PURPOSE LAND GROUP
Mls Name: CGMLS
Mls ID: #255673