806 Forrest AveAdelGA31620
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
Investment Highlights
Rental property for sale in Adel at 806 Forrest Ave, Adel, GA, 31620 priced at $194,000 converts $1,613/mo rent into $432/mo cash flow after a $950/mo obligation. Total monthly income equals $1,613/mo, and annual cash flow totals $5,182/yr on $64,311 invested. Return on cash invested prints 27.97% in year one, and rental yield reads 9.98% against a $194,000 entry. Equity gained on principal adds $1,252/yr, while 5% annual appreciation compiles into $53,599 by year five. Five-year ROI reaches 145.91% and total cumulative return in cash sums $93,836. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,613/mo property income covering a $950/mo payment, not borrower’s personal income.
Single Family
Built in 1977
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31620, Adel, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,798 (100%) |
| Owner Occupied HU | 2,792 (58.2%) |
| Renter Occupied HU | 1,481 (30.9%) |
| Vacant Housing Units | 525 (10.9%) |
| Median Home Value | $167,915 |
| Average Home Value | $264,230 |
Housing Distribution
Address Breakdown
Residential
4,217
Single Family
4,217
Multi-Family
0
Businesses
476
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices