622 S Green StThomastonGA30286
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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
Rental property for sale in Thomaston at 622 S Green St, Thomaston, GA, 30286 priced at $224,900 converts $1,489/mo rent into $120/mo cash flow after a $1,101/mo obligation. Total monthly income equals $1,489/mo, and annual cash flow totals $1,440/yr on $74,554 invested. Return on cash invested prints 21.84% in year one, and rental yield reads 7.94% against a $224,900 entry. Equity gained on principal adds $1,451/yr, while 5% annual appreciation compiles into $62,136 by year five. Five-year ROI reaches 113.06% and total cumulative return in cash sums $84,289. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,489/mo property income covering a $1,101/mo payment, not borrower’s personal income.
Single Family
Built in 1948
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30286, Thomaston, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,873 (100%) |
| Owner Occupied HU | 6,037 (55.5%) |
| Renter Occupied HU | 3,840 (35.3%) |
| Vacant Housing Units | 996 ( 9.2%) |
| Median Home Value | $172,390 |
| Average Home Value | $218,651 |
Housing Distribution
Address Breakdown
Residential
10,465
Single Family
10,287
Multi-Family
178
Businesses
827
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