LOT 16 Terrell RdElkoGA31025
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 Elko at LOT 16 Terrell Rd, Elko, GA, 31025 priced at $138,000 pairs $2,112/mo rent with $1,273/mo cash flow after a $675/mo payment. Total monthly income equals $2,112/mo, and annual cash flow comes to $15,271/yr on $45,747 invested. Return on cash invested is 53.29% in year one, and rental yield stands at 18.37% on a $138,000 basis. Equity gained on principal adds $890/yr, and 5% annual appreciation accumulates to $38,127 by year five. Five-year ROI measures 281.76% and total cumulative return in cash reaches $128,898. For financing, Ziffy Mortgage’s DSCR program evaluates $2,112/mo property income against a $675/mo payment instead of your W2s, 1099s, or Tax returns.
Lot
Built in N/A
5.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31025, Elko, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 763 (100%) |
| Owner Occupied HU | 639 (83.7%) |
| Renter Occupied HU | 80 (10.5%) |
| Vacant Housing Units | 44 ( 5.8%) |
| Median Home Value | $357,595 |
| Average Home Value | $389,988 |
Housing Distribution
Address Breakdown
Residential
635
Single Family
635
Multi-Family
0
Businesses
22
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Katie Malone • GILES REALTY LLC
Mls Name: CGMLS
Mls ID: #245817
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.