701 Smallee StAlmaGA31510
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 701 Smallee St, Alma, GA, 31510 in Alma at $259,900 earns $1,668/mo in rent and nets $86/mo after the $1,169/mo payment, a 7.7% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $71,806 over five years. Ziffy Mortgage underwrites this on a 1.43 DSCR without U.S. credit history. With $2,394/yr in principal paydown, total projected return reaches $103,992.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 7.2% |
| Monthly Cash Flow | $86 | $250 |
City averages based on Alma market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,668 |
| Total Monthly Debt Service | $1,478 |
| DSCR Ratio | 1.13x |
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 N/A
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31510, Alma, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,238 (100%) |
| Owner Occupied HU | 2,634 (62.2%) |
| Renter Occupied HU | 1,117 (26.4%) |
| Vacant Housing Units | 487 (11.5%) |
| Median Home Value | $129,459 |
| Average Home Value | $168,139 |
Housing Distribution
Address Breakdown
Residential
3,954
Single Family
3,954
Multi-Family
0
Businesses
465
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 N/A
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31510, Alma, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,238 (100%) |
| Owner Occupied HU | 2,634 (62.2%) |
| Renter Occupied HU | 1,117 (26.4%) |
| Vacant Housing Units | 487 (11.5%) |
| Median Home Value | $129,459 |
| Average Home Value | $168,139 |
Housing Distribution
Address Breakdown
Residential
3,954
Single Family
3,954
Multi-Family
0
Businesses
465
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices