610 W Washington StMonticelloGA31064
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 Monticello at 610 W Washington St, Monticello, GA, 31064 listed at $237,500 pairs $1,706/mo rent with a $1,162/mo payment to leave $261/mo cash flow. Total monthly income runs $1,706/mo, and annual cash flow reaches $3,132/yr on $78,731 cash to close. Return on cash invested measures 23.89% in year one, and rental yield registers 8.62% at a $237,500 basis. Equity gained on principal adds $1,533/yr, and annual property appreciation at 5% supports $65,617 by year five. Five-year ROI tracks 124.03% and total cumulative return in cash totals $97,653. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,706/mo property income relative to a $1,162/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1957
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31064, Monticello, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,690 (100%) |
| Owner Occupied HU | 3,347 (71.4%) |
| Renter Occupied HU | 738 (15.7%) |
| Vacant Housing Units | 605 (12.9%) |
| Median Home Value | $265,837 |
| Average Home Value | $298,068 |
Housing Distribution
Address Breakdown
Residential
4,374
Single Family
4,364
Multi-Family
10
Businesses
283
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stacy Brownlee • Keller Williams Premier
Mls Name: GAMLS
Mls ID: #10671731