89 Wade Carter RoadEllabellGA31308
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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 Ellabell at 89 Wade Carter Road, Ellabell, GA, 31308 listed at $235,000 pairs $1,672/mo rent with a $1,150/mo payment to leave $242/mo cash flow. Total monthly income runs $1,672/mo, and annual cash flow reaches $2,904/yr on $77,903 cash to close. Return on cash invested measures 23.64% in year one, and rental yield registers 8.54% at a $235,000 basis. Equity gained on principal adds $1,516/yr, and annual property appreciation at 5% supports $64,926 by year five. Five-year ROI tracks 122.7% and total cumulative return in cash totals $95,584. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,672/mo property income relative to a $1,150/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31308, Ellabell, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,772 (100%) |
| Owner Occupied HU | 2,907 (77.1%) |
| Renter Occupied HU | 579 (15.3%) |
| Vacant Housing Units | 286 ( 7.6%) |
| Median Home Value | $212,356 |
| Average Home Value | $254,332 |
Housing Distribution
Address Breakdown
Residential
3,289
Single Family
3,289
Multi-Family
0
Businesses
150
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