Manchester, GA — Rental Investment Analysis

🟢STRONGexcellent cash flow market

Cap Rate

10.3%

Above average

Monthly Cash Flow

+$391

After all expenses

Price-to-Rent

6.9

Investor-friendly

DSCR

1.61

Passes lender test

📊 Key Metrics

Median Home Price
$120,882
Average Rent (3BR)
$1,470/mo
Price-to-Rent Ratio
6.9(good)
1% Rule
1.22%(passes)
Cash-on-Cash Return
16.9%
Vacancy Rate
8.0%

📈 Market Strength

Unemployment Rate
3.5%(-0.8% vs national)
Rent Growth (YoY)
+2.9%(national avg)
Population Growth
+1.6% YoY

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

Customize these numbers →

Property Tax Rate

0.83%

of assessed value (GA avg)

Median Income

$61,980

household (GA avg)

Rent-to-Income

28.5%

Affordable

Section 8 Max Rent

$1,470/mo

3BR voucher payment

🏛️ GA Investor Climate

Landlord Friendly

8/10

State Income Tax

Has state tax

Property Tax

0.83% effective

Population Trend

+1.6% (3yr)

🏘️ Best Zip Codes in Manchester for Investors

31816
Cap Rate: 10.3%Cash Flow: +$391/mo$120,882
31816
Cap Rate: 10.3%Cash Flow: +$391/mo$120,882

All Zip Codes in Manchester

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
3181610.3%+$391$120,882$1,470/mo1.61
3181610.3%+$391$120,882$1,470/mo1.61