5947 Reese St, Patterson, GA, 31557 | $325/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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5947 Reese St, Patterson, GA, 31557 | $325/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Patterson at 5947 Reese St, Patterson, GA, 31557 generates $1,932/mo in rent and, after a $1,292/mo payment, leaves $325/mo in cash flow. Total monthly income is $1,932/mo, and annual cash flow is $3,905/yr on $87,516 invested. Return on cash invested sits at 24.37% in year one, and rental yield is 8.78% on a $264,000 entry. Equity gained on principal adds $1,704/yr, while 5% annual appreciation builds toward $72,938 over five years. Five-year ROI reaches 126.67% and total cumulative return in cash sums $110,857. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,932/mo property income rather than buyer’s personal income.

Single Family

Built in 1996

0.79 Acres lot

$N/A/sqft

No HOA

More details about the property

Check out this charming 3-bedroom, 2-bathroom home located in a peaceful neighborhood in Patterson. Inside, you'll find a bright, inviting layout with plenty of natural light. The spacious primary suite includes a walk-in closet and private bath, while two additional bedrooms feature vaulted ceilings and large windows for an open feel. The kitchen includes granite countertops, while the dining area is highlighted by a bay window. For parking and storage, you'll find a two-car garage with shelving and storage room, along with an attached carport. Step into a backyard made for both entertaining and relaxation. Complete with a covered patio, recessed above-ground pool, deck with hot tub, and a fenced yard with plenty of space to personalize your outdoor retreat. Enjoy the bonus of a storage shed equipped with power for extra functionality and convenience. This home combines thoughtful features with peace-of-mind updates, making it a wonderful opportunity!

Neighborhood Data

Neighborhood data shown for ZIP Code: 31557, Patterson, GA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,460 (100%)
Owner Occupied HU	1,035 (70.9%)
Renter Occupied HU	240 (16.4%)
Vacant Housing Units	185 (12.7%)
Median Home Value	$171,274
Average Home Value	$188,971