602 W Jessamine StFitzgeraldGA31750
Nearby investment properties with comparable rents
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
Investment property for sale in Fitzgerald at 602 W Jessamine St, Fitzgerald, GA, 31750 offers a 9.3% rental yield on a $140,000 purchase with $1,085/mo rent. Total monthly income registers $1,085/mo, and a $685/mo payment leaves $233/mo available for distribution. Annual cash flow reaches $2,798/yr on $46,410 to close, and return on cash invested stands at 25.94% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,679 over five years. Portfolio math shows five-year ROI at 135.12% and total cumulative return in cash at $62,710. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,085/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31750, Fitzgerald, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,566 (100%) |
| Owner Occupied HU | 4,661 (54.4%) |
| Renter Occupied HU | 2,862 (33.4%) |
| Vacant Housing Units | 1,043 (12.2%) |
| Median Home Value | $150,969 |
| Average Home Value | $179,994 |
Housing Distribution
Address Breakdown
Residential
7,551
Single Family
7,320
Multi-Family
231
Businesses
675
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Listed by: Gwendolyn Mcduffie • Coldwell Banker Active Real Estate
Mls Name: Tift Area BOR
Mls ID: #138627