623 Maine StDemorestGA30535
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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
Investment property for sale in Demorest at 623 Maine St, Demorest, GA, 30535 uses $150,501 cash to close to unlock $10,752/yr annual cash flow and $896/mo monthly cash flow. Total monthly income runs $3,659/mo, and a $2,222/mo payment keeps the spread at $896/mo. Purchase price stands at $454,000, and rental yield measures 9.67% with $3,659/mo rent. Return on cash invested shows 27.05% in year one, and 5% annual appreciation builds toward $125,432 over five years. Five-year ROI reaches 141.01% and total cumulative return in cash records $212,222. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,659/mo property income covering a $2,222/mo payment rather than investor’s personal income.
Single Family
Built in 1880
1.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30535, Demorest, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,437 (100%) |
| Owner Occupied HU | 2,411 (70.1%) |
| Renter Occupied HU | 704 (20.5%) |
| Vacant Housing Units | 322 ( 9.4%) |
| Median Home Value | $278,374 |
| Average Home Value | $308,770 |
Housing Distribution
Address Breakdown
Residential
3,075
Single Family
3,075
Multi-Family
0
Businesses
211
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