8293 Main StRay CityGA31645
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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
Rental property for sale in Ray City at 8293 Main St, Ray City, GA, 31645 generates $4,006/mo in rent and, after a $1,366/mo payment, leaves $2,308/mo in cash flow. Total monthly income is $4,006/mo, and annual cash flow is $27,690/yr on $92,489 invested. Return on cash invested sits at 49.85% in year one, and rental yield is 17.23% on a $279,000 entry. Equity gained on principal adds $1,800/yr, while 5% annual appreciation builds toward $77,083 over five years. Five-year ROI reaches 263.27% and total cumulative return in cash sums $243,499. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,006/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31645, Ray City, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,167 (100%) |
| Owner Occupied HU | 1,329 (61.3%) |
| Renter Occupied HU | 624 (28.8%) |
| Vacant Housing Units | 214 ( 9.9%) |
| Median Home Value | $181,706 |
| Average Home Value | $190,028 |
Housing Distribution
Address Breakdown
Residential
1,863
Single Family
1,863
Multi-Family
0
Businesses
45
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