538 Grady St SWPelhamGA31779
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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 Pelham at 538 Grady St SW, Pelham, GA, 31779 offers a 8.87% rental yield on a $176,900 purchase with $1,308/mo rent. Total monthly income registers $1,308/mo, and a $866/mo payment leaves $201/mo available for distribution. Annual cash flow reaches $2,412/yr on $58,642 to close, and return on cash invested stands at 24.02% in year one. Equity gained on principal adds $1,142/yr while 5% annual appreciation supports $48,874 over five years. Portfolio math shows five-year ROI at 124.97% and total cumulative return in cash at $73,287. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,308/mo property income against a $866/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31779, Pelham, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,244 (100%) |
| Owner Occupied HU | 1,953 (60.2%) |
| Renter Occupied HU | 989 (30.5%) |
| Vacant Housing Units | 302 ( 9.3%) |
| Median Home Value | $171,338 |
| Average Home Value | $224,224 |
Housing Distribution
Address Breakdown
Residential
3,105
Single Family
3,081
Multi-Family
24
Businesses
226
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