822 S Ware StAlmaGA31510
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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 Alma at 822 S Ware St, Alma, GA, 31510 offers a 9.93% rental yield on a $185,000 purchase with $1,531/mo rent. Total monthly income registers $1,531/mo, and a $905/mo payment leaves $406/mo available for distribution. Annual cash flow reaches $4,866/yr on $61,328 to close, and return on cash invested stands at 27.84% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 145.29% and total cumulative return in cash at $89,103. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,531/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31510, Alma, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,238 (100%) |
| Owner Occupied HU | 2,634 (62.2%) |
| Renter Occupied HU | 1,117 (26.4%) |
| Vacant Housing Units | 487 (11.5%) |
| Median Home Value | $129,459 |
| Average Home Value | $168,139 |
Housing Distribution
Address Breakdown
Residential
3,954
Single Family
3,954
Multi-Family
0
Businesses
465
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Listed by: Sheri Bashlor • eXp Realty, LLC
Mls Name: GIAOR
Mls ID: #1651206
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.