78 Hunter StHomervilleGA31634
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 78 Hunter St, Homerville, GA, 31634 in Homerville: $1,783/mo in rent, $688/mo net, 11.89% gross yield, all on a $180,000 acquisition. The 2.20 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $49,731 in value, and $1,658/yr in principal paydown steadily builds equity. Projected total cumulative return: $112,459.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 8.5% |
| Monthly Cash Flow | $688 | $300 |
City averages based on Homerville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,783 |
| Total Monthly Debt Service | $1,024 |
| DSCR Ratio | 1.74x |
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 1997
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31634, Homerville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,529 (100%) |
| Owner Occupied HU | 1,456 (57.6%) |
| Renter Occupied HU | 700 (27.7%) |
| Vacant Housing Units | 373 (14.7%) |
| Median Home Value | $89,712 |
| Average Home Value | $139,979 |
Housing Distribution
Address Breakdown
Residential
2,077
Single Family
2,077
Multi-Family
0
Businesses
252
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 1997
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31634, Homerville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,529 (100%) |
| Owner Occupied HU | 1,456 (57.6%) |
| Renter Occupied HU | 700 (27.7%) |
| Vacant Housing Units | 373 (14.7%) |
| Median Home Value | $89,712 |
| Average Home Value | $139,979 |
Housing Distribution
Address Breakdown
Residential
2,077
Single Family
2,077
Multi-Family
0
Businesses
252
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amy Wodicka • Canopy Realty Group
Mls Name: South Georgia MLS
Mls Provider:
Mls ID: #145254
Disclaimer: Copyright South Georgia MLS. All rights reserved. Information is deemed reliable but not guaranteed.