55 Hatcher StKiteGA31049
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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 Kite at 55 Hatcher St, Kite, GA, 31049 uses $75,914 cash to close to unlock $2,689/yr annual cash flow and $224/mo monthly cash flow. Total monthly income runs $1,618/mo, and a $1,121/mo payment keeps the spread at $224/mo. Purchase price stands at $229,000, and rental yield measures 8.48% with $1,618/mo rent. Return on cash invested shows 23.45% in year one, and 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 121.77% and total cumulative return in cash records $92,441. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,618/mo property income covering a $1,121/mo payment rather than investor’s personal income.
Single Family
Built in 1923
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31049, Kite, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 793 (100%) |
| Owner Occupied HU | 493 (62.2%) |
| Renter Occupied HU | 169 (21.3%) |
| Vacant Housing Units | 131 (16.5%) |
| Median Home Value | $105,401 |
| Average Home Value | $138,139 |
Housing Distribution
Address Breakdown
Residential
693
Single Family
693
Multi-Family
0
Businesses
22
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