779 Palmer Rd NELudowiciGA31316
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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 Ludowici at 779 Palmer Rd NE, Ludowici, GA, 31316 with 5% annual appreciation on a $293,653 basis while $3,622/mo rent supports operations. Total monthly income totals $3,622/mo and a $1,437/mo payment preserves $1,795/mo for cash returns. Annual cash flow comes to $21,541/yr on $97,346 deployed, and return on cash invested reaches 42.04% in year one. Equity gained on principal adds $1,895/yr, and five-year appreciation sums $81,131 alongside rental yield of 14.8%. Five-year ROI measures 221.59% and total cumulative return in cash totals $215,711.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,622/mo property income versus a $1,437/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
0.50 Acres lot
$N/A/sqft
$480 annually HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 31316, Ludowici, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,467 (100%) |
| Owner Occupied HU | 3,367 (61.6%) |
| Renter Occupied HU | 1,551 (28.4%) |
| Vacant Housing Units | 549 (10.0%) |
| Median Home Value | $237,235 |
| Average Home Value | $267,839 |
Housing Distribution
Address Breakdown
Residential
5,297
Single Family
5,297
Multi-Family
0
Businesses
150
Price History
Date | Event | Price |
|---|---|---|
| 2024-09-05 | Price change | $293,653 |
| 2024-08-05 | Price change | $289,853 |
| 2024-05-18 | Price change | $280,320 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2024
- Architectural Style: Traditional
- Building Area: N/A
- Living Area: 1,772 sqft
- Property Condition: Under Construction
Features & Amenities
- Heating: Central, Electric
- Cooling: Central Air, Electric
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Attached
Location
HOA & Fees
- HOA Fee: $480 annually
- Association Fee: $480 annually
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Underground Utilities
- Sewer: Septic Tank
- Water Source: Shared Well
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Wendy J. Redditt • Mungo Homes Realty LLC
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #310612
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.