831 Cottonwood RdMeigsGA31765
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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 Meigs at 831 Cottonwood Rd, Meigs, GA, 31765 priced at $115,000 converts $869/mo rent into $169/mo cash flow after a $563/mo obligation. Total monthly income equals $869/mo, and annual cash flow totals $2,028/yr on $38,123 invested. Return on cash invested prints 25.23% in year one, and rental yield reads 9.07% against a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation compiles into $31,772 by year five. Five-year ROI reaches 131.19% and total cumulative return in cash sums $50,013. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $869/mo property income covering a $563/mo payment, not borrower’s personal income.
Single Family
Built in 1982
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31765, Meigs, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,149 (100%) |
| Owner Occupied HU | 755 (65.7%) |
| Renter Occupied HU | 275 (23.9%) |
| Vacant Housing Units | 119 (10.4%) |
| Median Home Value | $168,945 |
| Average Home Value | $235,331 |
Housing Distribution
Address Breakdown
Residential
770
Single Family
770
Multi-Family
0
Businesses
41
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