61 Orchard Dr #MhikunFortsonGA31808
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 Fortson at 61 Orchard Dr #Mhikun, Fortson, GA, 31808 priced at $467,500 pairs $2,983/mo rent with $138/mo cash flow after a $2,288/mo payment. Total monthly income equals $2,983/mo, and annual cash flow comes to $1,655/yr on $154,976 invested. Return on cash invested is 20.98% in year one, and rental yield stands at 7.66% on a $467,500 basis. Equity gained on principal adds $3,017/yr, and 5% annual appreciation accumulates to $129,162 by year five. Five-year ROI measures 108.41% and total cumulative return in cash reaches $168,016. For financing, Ziffy Mortgage’s DSCR program evaluates $2,983/mo property income against a $2,288/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31808, Fortson, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,521 (100%) |
| Owner Occupied HU | 2,582 (73.3%) |
| Renter Occupied HU | 708 (20.1%) |
| Vacant Housing Units | 231 ( 6.6%) |
| Median Home Value | $337,020 |
| Average Home Value | $390,841 |
Housing Distribution
Address Breakdown
Residential
3,568
Single Family
3,280
Multi-Family
288
Businesses
375
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices