629 Cooper AveEastmanGA31023
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 629 Cooper Ave, Eastman, GA, 31023 in Eastman speaks for itself: 13.83% gross on a $127,000 price, generating $1,464/mo in rent and $691/mo in net income after the $571/mo debt service. DSCR 2.56, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $8,293 stacks alongside $35,088 in projected five-year appreciation and $1,170/yr in principal reduction. Projected total cumulative return: $92,583.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.8% | 8.0% |
| Monthly Cash Flow | $691 | $200 |
City averages based on Eastman market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,464 |
| Total Monthly Debt Service | $722 |
| DSCR Ratio | 2.03x |
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 1955
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31023, Eastman, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,250 (100%) |
| Owner Occupied HU | 3,514 (56.2%) |
| Renter Occupied HU | 2,112 (33.8%) |
| Vacant Housing Units | 624 ( 10.0%) |
| Median Home Value | $163,445 |
| Average Home Value | $180,653 |
Housing Distribution
Address Breakdown
Residential
5,446
Single Family
5,370
Multi-Family
76
Businesses
537
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 1955
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31023, Eastman, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,250 (100%) |
| Owner Occupied HU | 3,514 (56.2%) |
| Renter Occupied HU | 2,112 (33.8%) |
| Vacant Housing Units | 624 ( 10.0%) |
| Median Home Value | $163,445 |
| Average Home Value | $180,653 |
Housing Distribution
Address Breakdown
Residential
5,446
Single Family
5,370
Multi-Family
76
Businesses
537
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices