618 E College AveDoerunGA31744
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 618 E College Ave, Doerun, GA, 31744 in Doerun hard to pass up. The 18.15% gross yield on a $108,600 purchase results in $1,643/mo in rent and $955/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (3.37). Annual cash flow of $11,459, five-year appreciation of $30,004, and $1,000/yr in equity build-up combine for a projected total cumulative return of $102,753.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 18.2% | 6.0% |
| Monthly Cash Flow | $955 | $350 |
City averages based on Doerun market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,643 |
| Total Monthly Debt Service | $645 |
| DSCR Ratio | 2.55x |
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 1982
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31744, Doerun, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,475 (100%) |
| Owner Occupied HU | 1,029 (69.8%) |
| Renter Occupied HU | 276 (18.7%) |
| Vacant Housing Units | 170 (11.5%) |
| Median Home Value | $153,676 |
| Average Home Value | $227,473 |
Housing Distribution
Address Breakdown
Residential
1,052
Single Family
1,052
Multi-Family
0
Businesses
61
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 1982
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31744, Doerun, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,475 (100%) |
| Owner Occupied HU | 1,029 (69.8%) |
| Renter Occupied HU | 276 (18.7%) |
| Vacant Housing Units | 170 (11.5%) |
| Median Home Value | $153,676 |
| Average Home Value | $227,473 |
Housing Distribution
Address Breakdown
Residential
1,052
Single Family
1,052
Multi-Family
0
Businesses
61
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices