608-610 Bowen Padgett RdJacksonvilleGA31544
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 608-610 Bowen Padgett Rd, Jacksonville, GA, 31544 in Jacksonville earns a 8.1% gross yield at $349,000. Rent of $2,356/mo nets $232/mo after the $1,569/mo mortgage. The 1.50 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $96,422 and $3,214/yr in equity accumulation project a total cumulative return of $147,170.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.5% |
| Monthly Cash Flow | $232 | $300 |
City averages based on Jacksonville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,356 |
| Total Monthly Debt Service | $1,985 |
| DSCR Ratio | 1.19x |
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.
Manufactured
Built in 1983
4.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31544, Jacksonville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 396 (100%) |
| Owner Occupied HU | 222 (56.1%) |
| Renter Occupied HU | 61 (15.4%) |
| Vacant Housing Units | 113 (28.5%) |
| Median Home Value | $85,882 |
| Average Home Value | $144,696 |
Housing Distribution
Address Breakdown
Residential
335
Single Family
335
Multi-Family
0
Businesses
12
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
Manufactured
Built in 1983
4.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31544, Jacksonville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 396 (100%) |
| Owner Occupied HU | 222 (56.1%) |
| Renter Occupied HU | 61 (15.4%) |
| Vacant Housing Units | 113 (28.5%) |
| Median Home Value | $85,882 |
| Average Home Value | $144,696 |
Housing Distribution
Address Breakdown
Residential
335
Single Family
335
Multi-Family
0
Businesses
12
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie Griffis • Destination Realty
Mls Name: GAMLS
Mls ID: #10357542