802 Mulberry StLouisvilleGA30434
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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 Louisville at 802 Mulberry St, Louisville, GA, 30434 uses $102,765 cash to close to unlock $5,875/yr annual cash flow and $490/mo monthly cash flow. Total monthly income runs $2,376/mo, and a $1,517/mo payment keeps the spread at $490/mo. Purchase price stands at $310,000, and rental yield measures 9.2% with $2,376/mo rent. Return on cash invested shows 25.63% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 133.37% and total cumulative return in cash records $137,059. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,376/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Single Family
Built in 1915
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30434, Louisville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,344 (100%) |
| Owner Occupied HU | 1,352 (57.7%) |
| Renter Occupied HU | 673 (28.7%) |
| Vacant Housing Units | 319 (13.6%) |
| Median Home Value | $121,164 |
| Average Home Value | $170,133 |
Housing Distribution
Address Breakdown
Residential
1,855
Single Family
1,831
Multi-Family
24
Businesses
217
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Listed by: Rhonda McHan • Lake Sinclair-Oconee Realty
Mls Name: GAMLS
Mls ID: #10599079