61 Merritt StHawkinsvilleGA31036
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
Rental property for sale in Hawkinsville at 61 Merritt St, Hawkinsville, GA, 31036 priced at $149,900 pairs $1,340/mo rent with $427/mo cash flow after a $734/mo payment. Total monthly income equals $1,340/mo, and annual cash flow comes to $5,128/yr on $49,692 invested. Return on cash invested is 30.23% in year one, and rental yield stands at 10.73% on a $149,900 basis. Equity gained on principal adds $967/yr, and 5% annual appreciation accumulates to $41,415 by year five. Five-year ROI measures 158.12% and total cumulative return in cash reaches $78,575. For financing, Ziffy Mortgage’s DSCR program evaluates $1,340/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1946
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31036, Hawkinsville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,825 (100%) |
| Owner Occupied HU | 2,986 (61.9%) |
| Renter Occupied HU | 1,078 (22.3%) |
| Vacant Housing Units | 761 (15.8%) |
| Median Home Value | $205,710 |
| Average Home Value | $236,855 |
Housing Distribution
Address Breakdown
Residential
4,041
Single Family
4,000
Multi-Family
41
Businesses
326
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Listed by: Rhonda Arnett • Century 21 Smith Branch, LLC
Mls Name: Crisp Area BOR
Mls ID: #59385
Disclaimer: Copyright Crisp Area Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.