647 Hobbs Mill RoadDearingGA30808
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 647 Hobbs Mill Road, Dearing, GA, 30808 in Dearing: $1,754/mo in rent, $294/mo in net income, 8.78% gross yield, 1.63 DSCR, all at $239,900. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $66,280 in appreciation and $2,210/yr in principal paydown projects total cumulative return of $109,809.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 7.0% |
| Monthly Cash Flow | $294 | $500 |
City averages based on Dearing market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,754 |
| Total Monthly Debt Service | $1,365 |
| DSCR Ratio | 1.29x |
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 1941
2.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30808, Dearing, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,835 (100%) |
| Owner Occupied HU | 1,412 (76.9%) |
| Renter Occupied HU | 307 (16.7%) |
| Vacant Housing Units | 116 ( 6.3%) |
| Median Home Value | $173,853 |
| Average Home Value | $218,316 |
Housing Distribution
Address Breakdown
Residential
1,671
Single Family
1,671
Multi-Family
0
Businesses
53
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 1941
2.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30808, Dearing, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,835 (100%) |
| Owner Occupied HU | 1,412 (76.9%) |
| Renter Occupied HU | 307 (16.7%) |
| Vacant Housing Units | 116 ( 6.3%) |
| Median Home Value | $173,853 |
| Average Home Value | $218,316 |
Housing Distribution
Address Breakdown
Residential
1,671
Single Family
1,671
Multi-Family
0
Businesses
53
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices