6203 Ridge RoadApplingGA30802
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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
Total monthly income runs $2,081/mo, and a $1,953/mo payment. Purchase price stands at $399,000, and rental yield measures 6.26% with $2,081/mo rent. Return on cash invested shows 16.76% in year one, and 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 85.81% and total cumulative return in cash records $113,498. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,081/mo property income covering a $1,953/mo payment rather than investor’s personal income.
Single Family
Built in 2008
5.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30802, Appling, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,968 (100%) |
| Owner Occupied HU | 2,279 (76.8%) |
| Renter Occupied HU | 269 ( 9.1%) |
| Vacant Housing Units | 420 (14.2%) |
| Median Home Value | $452,608 |
| Average Home Value | $479,122 |
Housing Distribution
Address Breakdown
Residential
2,740
Single Family
2,737
Multi-Family
3
Businesses
182
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