538 Spring StCommerceGA30529
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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 Commerce at 538 Spring St, Commerce, GA, 30529 uses $102,765 cash to close to unlock $3,559/yr annual cash flow and $297/mo monthly cash flow. Total monthly income runs $2,183/mo, and a $1,517/mo payment keeps the spread at $297/mo. Purchase price stands at $310,000, and rental yield measures 8.45% with $2,183/mo rent. Return on cash invested shows 23.37% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 121.27% and total cumulative return in cash records $124,627. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,183/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30529, Commerce, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,262 (100%) |
| Owner Occupied HU | 3,335 (63.4%) |
| Renter Occupied HU | 1,562 (29.7%) |
| Vacant Housing Units | 365 ( 6.9%) |
| Median Home Value | $303,535 |
| Average Home Value | $329,227 |
Housing Distribution
Address Breakdown
Residential
5,396
Single Family
5,100
Multi-Family
296
Businesses
918
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Listed by: Susan Meek • Keller Williams Atl Partner
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1025108
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.