LOT 195 Morningside CtThomastonGA30286
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 Thomaston at LOT 195 Morningside Ct, Thomaston, GA, 30286 uses $107,572 cash to close to unlock $1,336/yr annual cash flow and $111/mo monthly cash flow. Total monthly income runs $2,086/mo, and a $1,588/mo payment keeps the spread at $111/mo. Purchase price stands at $324,500, and rental yield measures 7.71% with $2,086/mo rent. Return on cash invested shows 21.15% in year one, and 5% annual appreciation builds toward $89,653 over five years. Five-year ROI reaches 109.4% and total cumulative return in cash records $117,684. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,086/mo property income covering a $1,588/mo payment rather than investor’s personal income.
Single Family
Built in 2026
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30286, Thomaston, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,873 (100%) |
| Owner Occupied HU | 6,037 (55.5%) |
| Renter Occupied HU | 3,840 (35.3%) |
| Vacant Housing Units | 996 ( 9.2%) |
| Median Home Value | $172,390 |
| Average Home Value | $218,651 |
Housing Distribution
Address Breakdown
Residential
10,465
Single Family
10,287
Multi-Family
178
Businesses
827
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