568 W State Route 118SmithvilleGA31787
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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 Smithville at 568 W State Route 118, Smithville, GA, 31787 offers a 1.86% rental yield on a $1,795,000 purchase with $2,777/mo rent. 56% in year one. Equity gained on principal adds $11,583/yr while 5% annual appreciation supports $495,925 over five years. Portfolio math shows five-year ROI at 14.92% and total cumulative return in cash at $86,761. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,777/mo property income against a $8,786/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
189 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31787, Smithville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 818 (100%) |
| Owner Occupied HU | 560 (68.5%) |
| Renter Occupied HU | 160 (19.6%) |
| Vacant Housing Units | 98 (12.0%) |
| Median Home Value | $331,159 |
| Average Home Value | $312,179 |
Housing Distribution
Address Breakdown
Residential
481
Single Family
481
Multi-Family
0
Businesses
22
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Listed by: Joshua Pfeiffer • SOUTHERN RIVERS PROPERTIES, INC
Mls Name: CGMLS
Mls ID: #242453
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.