618 N McDonald StreetLudowiciGA31316
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 Ludowici at 618 N McDonald Street, Ludowici, GA, 31316 priced at $399,500 pairs $2,992/mo rent with $561/mo cash flow after a $1,955/mo payment. Total monthly income equals $2,992/mo, and annual cash flow comes to $6,731/yr on $132,434 invested. Return on cash invested is 24.99% in year one, and rental yield stands at 8.99% on a $399,500 basis. Equity gained on principal adds $2,578/yr, and 5% annual appreciation accumulates to $110,374 by year five. Five-year ROI measures 129.95% and total cumulative return in cash reaches $172,095. For financing, Ziffy Mortgage’s DSCR program evaluates $2,992/mo property income against a $1,955/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31316, Ludowici, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,467 (100%) |
| Owner Occupied HU | 3,367 (61.6%) |
| Renter Occupied HU | 1,551 (28.4%) |
| Vacant Housing Units | 549 (10.0%) |
| Median Home Value | $237,235 |
| Average Home Value | $267,839 |
Housing Distribution
Address Breakdown
Residential
5,297
Single Family
5,297
Multi-Family
0
Businesses
150
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices