6689 Thorn Bird RdMillwoodGA31552
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 6689 Thorn Bird Rd, Millwood, GA, 31552 in Millwood. At $499,000 it earns $3,394/mo in rent and distributes $357/mo to the owner after the $2,244/mo payment, a consistent 8.16% yield. DSCR 1.51 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $137,865 in value; $4,596/yr in principal paydown compounds ownership stake. Total projected return: $211,991.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 8.0% |
| Monthly Cash Flow | $357 | $200 |
City averages based on Millwood market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,394 |
| Total Monthly Debt Service | $2,838 |
| DSCR Ratio | 1.20x |
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 2008
20.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31552, Millwood, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 442 (100%) |
| Owner Occupied HU | 338 (76.5%) |
| Renter Occupied HU | 79 (17.9%) |
| Vacant Housing Units | 25 ( 5.7%) |
| Median Home Value | $129,167 |
| Average Home Value | $196,753 |
Housing Distribution
Address Breakdown
Residential
463
Single Family
463
Multi-Family
0
Businesses
15
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 2008
20.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31552, Millwood, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 442 (100%) |
| Owner Occupied HU | 338 (76.5%) |
| Renter Occupied HU | 79 (17.9%) |
| Vacant Housing Units | 25 ( 5.7%) |
| Median Home Value | $129,167 |
| Average Home Value | $196,753 |
Housing Distribution
Address Breakdown
Residential
463
Single Family
463
Multi-Family
0
Businesses
15
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices