6900 Scenic HtsManchesterGA31816
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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 Manchester at 6900 Scenic Hts, Manchester, GA, 31816 uses $79,560 cash to close to unlock $4,044/yr annual cash flow and $337/mo monthly cash flow. Total monthly income runs $1,798/mo, and a $1,175/mo payment keeps the spread at $337/mo. Purchase price stands at $240,000, and rental yield measures 8.99% with $1,798/mo rent. Return on cash invested shows 24.99% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 129.94% and total cumulative return in cash records $103,382. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,798/mo property income covering a $1,175/mo payment rather than investor’s personal income.
Single Family
Built in 1957
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31816, Manchester, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,503 (100%) |
| Owner Occupied HU | 1,376 (55.0%) |
| Renter Occupied HU | 784 (31.3%) |
| Vacant Housing Units | 343 (13.7%) |
| Median Home Value | $155,060 |
| Average Home Value | $202,373 |
Housing Distribution
Address Breakdown
Residential
2,106
Single Family
2,106
Multi-Family
0
Businesses
246
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Listed by: MARK SPAIN • Mark Spain Real Estate
Mls Name: FMLS GA
Mls ID: #7699697