64 College AveCommerceGA30529
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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 Commerce at 64 College Ave, Commerce, GA, 30529 uses $65,969 cash to close to unlock $8,422/yr annual cash flow and $702/mo monthly cash flow. Total monthly income runs $1,913/mo, and a $974/mo payment keeps the spread at $702/mo. Purchase price stands at $199,000, and rental yield measures 11.54% with $1,913/mo rent. Return on cash invested shows 32.68% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 171.16% and total cumulative return in cash records $112,914. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,913/mo property income covering a $974/mo payment rather than investor’s personal income.
Single Family
Built in 1970
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30529, Commerce, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,262 (100%) |
| Owner Occupied HU | 3,335 (63.4%) |
| Renter Occupied HU | 1,562 (29.7%) |
| Vacant Housing Units | 365 ( 6.9%) |
| Median Home Value | $303,535 |
| Average Home Value | $329,227 |
Housing Distribution
Address Breakdown
Residential
5,396
Single Family
5,100
Multi-Family
296
Businesses
918
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