601 E Washington StThomasvilleGA31792
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Nearby investment properties with comparable prices
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
Rental property for sale in Thomasville at 601 E Washington St, Thomasville, GA, 31792 priced at $359,000 converts $2,022/mo rent into after a $1,757/mo obligation. Total monthly income equals $2,022/mo. Return on cash invested prints 18.27% in year one, and rental yield reads 6.76% against a $359,000 entry. Equity gained on principal adds $2,317/yr, while 5% annual appreciation compiles into $99,185 by year five. Five-year ROI reaches 93.93% and total cumulative return in cash sums $111,787. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,022/mo property income covering a $1,757/mo payment, not borrower’s personal income.
Single Family
Built in 1924
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31792, Thomasville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,417 (100%) |
| Owner Occupied HU | 5,792 (50.7%) |
| Renter Occupied HU | 4,331 (37.9%) |
| Vacant Housing Units | 1,294 (11.3%) |
| Median Home Value | $244,769 |
| Average Home Value | $318,708 |
Housing Distribution
Address Breakdown
Residential
10,462
Single Family
9,683
Multi-Family
779
Businesses
1,041
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Listed by: Briana Whigham • Upland Realty Group
Mls Name: TABRMLS
Mls ID: #925214
Disclaimer: Copyright Thomasville Area Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.