813 S Gordon 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 813 S Gordon Ave, Adel, GA, 31620 priced at $229,000 pairs $1,690/mo rent with $296/mo cash flow after a $1,121/mo payment. Total monthly income equals $1,690/mo, and annual cash flow comes to $3,553/yr on $75,914 invested. Return on cash invested is 24.59% in year one, and rental yield stands at 8.86% on a $229,000 basis. Equity gained on principal adds $1,478/yr, and 5% annual appreciation accumulates to $63,268 by year five. Five-year ROI measures 127.86% and total cumulative return in cash reaches $97,061. For financing, Ziffy Mortgage’s DSCR program evaluates $1,690/mo property income against a $1,121/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1973
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