7073 Old Mitchell RdMitchellGA30820
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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 Mitchell at 7073 Old Mitchell Rd, Mitchell, GA, 30820 priced at $147,900 pairs $1,210/mo rent with $310/mo cash flow after a $724/mo payment. Total monthly income equals $1,210/mo, and annual cash flow comes to $3,717/yr on $49,029 invested. Return on cash invested is 27.49% in year one, and rental yield stands at 9.82% on a $147,900 basis. Equity gained on principal adds $954/yr, and 5% annual appreciation accumulates to $40,862 by year five. Five-year ROI measures 143.39% and total cumulative return in cash reaches $70,303. For financing, Ziffy Mortgage’s DSCR program evaluates $1,210/mo property income against a $724/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30820, Mitchell, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 573 (100%) |
| Owner Occupied HU | 396 (69.1%) |
| Renter Occupied HU | 47 ( 8.2%) |
| Vacant Housing Units | 130 (22.7%) |
| Median Home Value | $163,253 |
| Average Home Value | $214,949 |
Housing Distribution
Address Breakdown
Residential
542
Single Family
542
Multi-Family
0
Businesses
19
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Listed by: Hollimon & Co. Real Estate • Better Homes & Gardens Executive Partners
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #541244
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.