831 Remington AveThomasvilleGA31792
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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 Thomasville at 831 Remington Ave, Thomasville, GA, 31792 offers $2,072/mo rent that, after a $856/mo payment, leaves $1,008/mo cash flow. Total monthly income is $2,072/mo, and annual cash flow is $12,091/yr on $57,979 cash. Return on cash invested measures 40.76% in year one, and rental yield stands at 14.22% at a $174,900 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,322 by year five. Five-year ROI records 214.59% and total cumulative return in cash reaches $124,416. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,072/mo property income versus a $856/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31792, Thomasville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,417 (100%) |
| Owner Occupied HU | 5,792 (50.7%) |
| Renter Occupied HU | 4,331 (37.9%) |
| Vacant Housing Units | 1,294 (11.3%) |
| Median Home Value | $244,769 |
| Average Home Value | $318,708 |
Housing Distribution
Address Breakdown
Residential
10,462
Single Family
9,683
Multi-Family
779
Businesses
1,041
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Nearby investment properties with comparable prices
Listed by: JT Harrison • The Avenues Real Estate Partners, LLC
Mls Name: TABRMLS
Mls ID: #924627
Disclaimer: Copyright Thomasville Area Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.