0 Lisa Ct HOMESITE 29MooresvilleGA30259
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 0 Lisa Ct HOMESITE 29, Mooresville, GA, 30259 in Mooresville speaks for itself: 11.8% gross on a $611,354 price, generating $6,013/mo in rent and $2,238/mo in net income after the $2,749/mo debt service. DSCR 2.19, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $26,859 stacks alongside $168,906 in projected five-year appreciation and $5,631/yr in principal reduction. Projected total cumulative return: $375,821.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 7.5% |
| Monthly Cash Flow | $2,238 | $300 |
City averages based on Mooresville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,013 |
| Total Monthly Debt Service | $3,532 |
| DSCR Ratio | 1.70x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
1 Acres lot
$N/A/sqft
$650 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30259, Moreland, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,438 (100%) |
| Owner Occupied HU | 1,206 (83.9%) |
| Renter Occupied HU | 160 (11.1%) |
| Vacant Housing Units | 72 ( 5.0%) |
| Median Home Value | $370,203 |
| Average Home Value | $446,063 |
Housing Distribution
Address Breakdown
Residential
1,416
Single Family
1,416
Multi-Family
0
Businesses
73
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
Single Family
Built in 2024
1 Acres lot
$N/A/sqft
$650 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30259, Moreland, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,438 (100%) |
| Owner Occupied HU | 1,206 (83.9%) |
| Renter Occupied HU | 160 (11.1%) |
| Vacant Housing Units | 72 ( 5.0%) |
| Median Home Value | $370,203 |
| Average Home Value | $446,063 |
Housing Distribution
Address Breakdown
Residential
1,416
Single Family
1,416
Multi-Family
0
Businesses
73
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices