810 Chicora RdWaynesvilleGA31566
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 810 Chicora Rd, Waynesville, GA, 31566 in Waynesville is narrow, $111/mo net on $780/mo rent after the $495/mo debt service, but the property operates at break-even-plus, not a loss. At $110,000 with a 8.51% yield, the long-run equity case via 5% appreciation ($30,391 over five years) and $1,013/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.58 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $48,757.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 6.2% |
| Monthly Cash Flow | $111 | $400 |
City averages based on Waynesville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $780 |
| Total Monthly Debt Service | $626 |
| DSCR Ratio | 1.25x |
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.
Manufactured
Built in 2000
1.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31566, Waynesville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,494 (100%) |
| Owner Occupied HU | 1,044 (69.9%) |
| Renter Occupied HU | 232 (15.5%) |
| Vacant Housing Units | 218 (14.6%) |
| Median Home Value | $117,647 |
| Average Home Value | $137,196 |
Housing Distribution
Address Breakdown
Residential
1,413
Single Family
1,413
Multi-Family
0
Businesses
48
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
Manufactured
Built in 2000
1.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31566, Waynesville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,494 (100%) |
| Owner Occupied HU | 1,044 (69.9%) |
| Renter Occupied HU | 232 (15.5%) |
| Vacant Housing Units | 218 (14.6%) |
| Median Home Value | $117,647 |
| Average Home Value | $137,196 |
Housing Distribution
Address Breakdown
Residential
1,413
Single Family
1,413
Multi-Family
0
Businesses
48
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristine Cooper • Real Broker, LLC
Mls Name: GIAOR
Mls ID: #1656413
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.