592 Jim David RdNicholsonGA30565
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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 Nicholson at 592 Jim David Rd, Nicholson, GA, 30565 uses $92,124 cash to close to unlock $3,550/yr annual cash flow and $296/mo monthly cash flow. Total monthly income runs $1,987/mo, and a $1,360/mo payment keeps the spread at $296/mo. Purchase price stands at $277,900, and rental yield measures 8.58% with $1,987/mo rent. Return on cash invested shows 23.76% in year one, and 5% annual appreciation builds toward $76,779 over five years. Five-year ROI reaches 123.38% and total cumulative return in cash records $113,661. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,987/mo property income covering a $1,360/mo payment rather than investor’s personal income.
Manufactured
Built in 1997
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30565, Nicholson, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,876 (100%) |
| Owner Occupied HU | 1,401 (74.7%) |
| Renter Occupied HU | 361 (19.2%) |
| Vacant Housing Units | 114 ( 6.1%) |
| Median Home Value | $263,021 |
| Average Home Value | $305,212 |
Housing Distribution
Address Breakdown
Residential
1,841
Single Family
1,841
Multi-Family
0
Businesses
53
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Listed by: Jim Clauser • Keller Williams Greater Athens
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1024363
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.