943 Harper StMadisonGA30650
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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 Madison at 943 Harper St, Madison, GA, 30650 uses $162,104 cash to close to unlock $4,611/yr annual cash flow and $384/mo monthly cash flow. Total monthly income runs $3,360/mo, and a $2,393/mo payment keeps the spread at $384/mo. Purchase price stands at $489,000, and rental yield measures 8.25% with $3,360/mo rent. Return on cash invested shows 22.75% in year one, and 5% annual appreciation builds toward $135,102 over five years. Five-year ROI reaches 117.98% and total cumulative return in cash records $191,242. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,360/mo property income covering a $2,393/mo payment rather than investor’s personal income.
Single Family
Built in 1988
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30650, Madison, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,124 (100%) |
| Owner Occupied HU | 4,161 (67.9%) |
| Renter Occupied HU | 1,430 (23.4%) |
| Vacant Housing Units | 533 ( 8.7%) |
| Median Home Value | $391,319 |
| Average Home Value | $449,776 |
Housing Distribution
Address Breakdown
Residential
5,816
Single Family
5,816
Multi-Family
0
Businesses
812
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Listed by: Nicole Floyd • Keller Williams Greater Athens
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1027643
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.