788 Ellis RdElkoGA31025
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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 Elko at 788 Ellis Rd, Elko, GA, 31025 priced at $239,900 pairs $1,735/mo rent with $275/mo cash flow after a $1,174/mo payment. Total monthly income equals $1,735/mo, and annual cash flow comes to $3,301/yr on $79,527 invested. Return on cash invested is 24.06% in year one, and rental yield stands at 8.68% on a $239,900 basis. Equity gained on principal adds $1,548/yr, and 5% annual appreciation accumulates to $66,280 by year five. Five-year ROI measures 125.04% and total cumulative return in cash reaches $99,439. For financing, Ziffy Mortgage’s DSCR program evaluates $1,735/mo property income against a $1,174/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1996
3.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31025, Elko, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 763 (100%) |
| Owner Occupied HU | 639 (83.7%) |
| Renter Occupied HU | 80 (10.5%) |
| Vacant Housing Units | 44 ( 5.8%) |
| Median Home Value | $357,595 |
| Average Home Value | $389,988 |
Housing Distribution
Address Breakdown
Residential
635
Single Family
635
Multi-Family
0
Businesses
22
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