85 Hitch StMorvenGA31638
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 Morven at 85 Hitch St, Morven, GA, 31638 offers $1,556/mo rent that, after a $978/mo payment, leaves $340/mo cash flow. Total monthly income is $1,556/mo, and annual cash flow is $4,077/yr on $66,267 cash. Return on cash invested measures 26.06% in year one, and rental yield stands at 9.34% at a $199,900 entry. Equity gained on principal adds $1,290/yr while 5% annual appreciation compounds into $55,229 by year five. Five-year ROI records 135.71% and total cumulative return in cash reaches $89,929. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,556/mo property income versus a $978/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31638, Morven, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 376 (100%) |
| Owner Occupied HU | 267 (71.0%) |
| Renter Occupied HU | 79 (21.0%) |
| Vacant Housing Units | 30 ( 8.0%) |
| Median Home Value | $167,969 |
| Average Home Value | $200,993 |
Housing Distribution
Address Breakdown
Residential
301
Single Family
301
Multi-Family
0
Businesses
16
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices