701 J D Parham DrManchesterGA31816
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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
Rental property for sale in Manchester at 701 J D Parham Dr, Manchester, GA, 31816 offers $2,317/mo rent that, after a $1,370/mo payment, leaves $613/mo cash flow. Total monthly income is $2,317/mo, and annual cash flow is $7,360/yr on $92,820 cash. Return on cash invested measures 27.84% in year one, and rental yield stands at 9.93% at a $280,000 entry. Equity gained on principal adds $1,807/yr while 5% annual appreciation compounds into $77,359 by year five. Five-year ROI records 145.26% and total cumulative return in cash reaches $134,829. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,317/mo property income versus a $1,370/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
7,840 sqft 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: #7690236