6689 Thorn Bird RdMillwoodGA31552
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
Investment Highlights
Investment property for sale in Millwood at 6689 Thorn Bird Rd, Millwood, GA, 31552 offers a 8.16% rental yield on a $499,000 purchase with $3,394/mo rent. Total monthly income registers $3,394/mo, and a $2,442/mo payment leaves $357/mo available for distribution. Annual cash flow reaches $4,288/yr on $165,419 to close, and return on cash invested stands at 22.5% in year one. Equity gained on principal adds $3,220/yr while 5% annual appreciation supports $137,865 over five years. Portfolio math shows five-year ROI at 116.62% and total cumulative return in cash at $192,918. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,394/mo property income against a $2,442/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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
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