518 Ridgeland DrSandersvilleGA31082
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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
Investment property for sale in Sandersville at 518 Ridgeland Dr, Sandersville, GA, 31082 offers a 10.03% rental yield on a $232,500 purchase with $1,943/mo rent. Total monthly income registers $1,943/mo, and a $1,138/mo payment leaves $528/mo available for distribution. Annual cash flow reaches $6,335/yr on $77,074 to close, and return on cash invested stands at 28.13% in year one. Equity gained on principal adds $1,500/yr while 5% annual appreciation supports $64,235 over five years. Portfolio math shows five-year ROI at 146.77% and total cumulative return in cash at $113,124. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,943/mo property income against a $1,138/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31082, Sandersville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,705 (100%) |
| Owner Occupied HU | 2,751 (58.5%) |
| Renter Occupied HU | 1,380 (29.3%) |
| Vacant Housing Units | 574 (12.2%) |
| Median Home Value | $167,728 |
| Average Home Value | $210,803 |
Housing Distribution
Address Breakdown
Residential
4,328
Single Family
4,170
Multi-Family
158
Businesses
569
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Listed by: Sara Crawford • Town & Country RE & Inv Co Inc
Mls Name: GAMLS
Mls ID: #10655415