653 Palmhurst DrFolkstonGA31537
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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 Folkston at 653 Palmhurst Dr, Folkston, GA, 31537 with 5% annual appreciation on a $193,000 basis while $1,507/mo rent supports operations. Total monthly income totals $1,507/mo and a $945/mo payment preserves $332/mo for cash returns. Annual cash flow comes to $3,984/yr on $63,980 deployed, and return on cash invested reaches 26.14% in year one. Equity gained on principal adds $1,245/yr, and five-year appreciation sums $53,322 alongside rental yield of 9.37%. Five-year ROI measures 136.18% and total cumulative return in cash totals $87,126.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,507/mo property income versus a $945/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2024
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31537, Folkston, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,830 (100%) |
| Owner Occupied HU | 2,495 (65.1%) |
| Renter Occupied HU | 848 (22.1%) |
| Vacant Housing Units | 487 (12.7%) |
| Median Home Value | $170,560 |
| Average Home Value | $222,814 |
Housing Distribution
Address Breakdown
Residential
3,308
Single Family
3,268
Multi-Family
40
Businesses
320
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