961 Fargo HwyHomervilleGA31634
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
Investment property for sale in Homerville at 961 Fargo Hwy, Homerville, GA, 31634 at $270,000 posts ROI 22.61% with $201/mo cash flow from $1,845/mo rent. Total monthly income equals $1,845/mo, and annual cash flow records $2,415/yr on $89,505 to close. Return on cash invested measures 22.61% and rental yield reads 8.2% at the current $270,000. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 by year five. Five-year ROI prints 117.22% and total cumulative return in cash totals $104,917.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,845/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1958
2.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31634, Homerville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,529 (100%) |
| Owner Occupied HU | 1,456 (57.6%) |
| Renter Occupied HU | 700 (27.7%) |
| Vacant Housing Units | 373 (14.7%) |
| Median Home Value | $89,712 |
| Average Home Value | $139,979 |
Housing Distribution
Address Breakdown
Residential
2,077
Single Family
2,077
Multi-Family
0
Businesses
252
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julian Cloud • Professional Auctioneers, Inc
Mls Name: My State MLS
Mls ID: #11642172