812 Old Madison RdQuitmanGA31643
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
Investment property for sale in Quitman at 812 Old Madison Rd, Quitman, GA, 31643 offers a 8.27% rental yield on a $299,900 purchase with $2,067/mo rent. Total monthly income registers $2,067/mo, and a $1,468/mo payment leaves $242/mo available for distribution. Annual cash flow reaches $2,899/yr on $99,417 to close, and return on cash invested stands at 22.83% in year one. Equity gained on principal adds $1,935/yr while 5% annual appreciation supports $82,857 over five years. Portfolio math shows five-year ROI at 118.35% and total cumulative return in cash at $117,664. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,067/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
7.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31643, Quitman, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,926 (100%) |
| Owner Occupied HU | 2,240 (57.1%) |
| Renter Occupied HU | 1,184 (30.2%) |
| Vacant Housing Units | 502 (12.8%) |
| Median Home Value | $158,147 |
| Average Home Value | $243,631 |
Housing Distribution
Address Breakdown
Residential
3,588
Single Family
3,491
Multi-Family
97
Businesses
345
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices