605 E Boyd RdHogansvilleGA30230
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.57% yield at 605 E Boyd Rd, Hogansville, GA, 30230 in Hogansville is solid, but the $1,284/mo payment compresses net cash flow to $62/mo at $285,500. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $78,878 by year five, and $2,629/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.40) without U.S. income documentation. Total projected return: $112,147.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 8.0% |
| Monthly Cash Flow | $62 | $300 |
City averages based on Hogansville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,800 |
| Total Monthly Debt Service | $1,624 |
| DSCR Ratio | 1.11x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30230, Hogansville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,014 (100%) |
| Owner Occupied HU | 2,641 (65.8%) |
| Renter Occupied HU | 1,008 (25.1%) |
| Vacant Housing Units | 365 ( 9.1%) |
| Median Home Value | $247,740 |
| Average Home Value | $291,919 |
Housing Distribution
Address Breakdown
Residential
3,837
Single Family
3,769
Multi-Family
68
Businesses
215
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
Single Family
Built in 2024
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30230, Hogansville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,014 (100%) |
| Owner Occupied HU | 2,641 (65.8%) |
| Renter Occupied HU | 1,008 (25.1%) |
| Vacant Housing Units | 365 ( 9.1%) |
| Median Home Value | $247,740 |
| Average Home Value | $291,919 |
Housing Distribution
Address Breakdown
Residential
3,837
Single Family
3,769
Multi-Family
68
Businesses
215
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices