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Market MapMilledgeville, GA
Metropolitan Area

Milledgeville, GA

Georgia0
70
/100
Buy
#220 of 894 metros
Top 24% nationally for investing

Market Snapshot

$236,153
Median Home Price
7% below national median
$1,278/mo
Median Rent
8% below national median
6.50%
Rent-to-Price Ratio
Top 35% nationally
-$407
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$236,153
Down Payment (20%)$47,231
Loan Amount$188,922
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,278
Monthly P&I-$1,238
Est. Expenses (35%)-$447
Net Cash Flow-$407/mo
4.2%
Cap Rate (all cash)
-9.0%
Cash-on-Cash Return
6.50%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 4.2% cap rate. All-cash buyers may see better returns.

* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.

Run Full AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
70/100
70
Cash Flow(30%)
65/100

Based on 6.50% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
88/100

Based on 6.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Based on 0.0% population growth. Growing areas indicate economic stability.

Affordability(20%)
79/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.

Investment Outlook

Strengths

  • +Above-average rent-to-price ratio (6.50%)
  • +Strong price appreciation (+6.0% YoY)
  • +Affordable relative to local incomes
  • +Low unemployment (0.0%)

Challenges

  • -Negative cash flow at typical financing (-$407/mo)
  • -Negative leverage (cap rate 4.2% < mortgage rate 6.9%)

Counties in Milledgeville, GA

County data is being compiled for this metro area.

Compare to Similar Metros

Metro AreaVerdict
Coffeyville, KS
Coffeyville, KS
85$101,366$86210.20%Strong BuyView
Blytheville, AR
Blytheville, AR
84$115,156$1,06411.08%Strong BuyView
Roanoke Rapids, NC
Roanoke Rapids, NC
84$107,523$1,07712.02%Strong BuyView
Enid, OK
Enid, OK
83$144,157$1,25010.40%Strong BuyView
Houghton, MI
Houghton, MI
83$194,696$1,73310.68%Strong BuyView
Current
Milledgeville, GA
70$236,153$1,2786.50%Buy

The Bottom Line

BuyMilledgeville, GA offers solid investment potential with good cash flow or appreciation prospects.

The Milledgeville, GA metro area scores 70/100, ranking #220 of 894 US metros (top 24%). The 6.50% rent-to-price ratio indicates moderate cash flow potential. Current metro-wide averages make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or drilling down to specific counties.

Monthly Cash Flow
$-407/mo
Cap Rate
4.2%
Cash-on-Cash
-10.3%

Ready to Invest in Milledgeville, GA?

Use our investment calculators to run detailed numbers on specific properties, or explore individual counties for more targeted opportunities.

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