1007 Locke DrDaltonGA30721
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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 Dalton at 1007 Locke Dr, Dalton, GA, 30721 offers a 10% rental yield on a $205,000 purchase with $1,709/mo rent. Total monthly income registers $1,709/mo, and a $1,003/mo payment leaves $462/mo available for distribution. Annual cash flow reaches $5,541/yr on $67,958 to close, and return on cash invested stands at 28.06% in year one. Equity gained on principal adds $1,323/yr while 5% annual appreciation supports $56,638 over five years. Portfolio math shows five-year ROI at 146.45% and total cumulative return in cash at $99,522. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,709/mo property income against a $1,003/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
5,096 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30721, Dalton, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,170 (100%) |
| Owner Occupied HU | 11,676 (60.9%) |
| Renter Occupied HU | 6,339 (33.1%) |
| Vacant Housing Units | 1,155 ( 6.0%) |
| Median Home Value | $220,428 |
| Average Home Value | $277,503 |
Housing Distribution
Address Breakdown
Residential
19,102
Single Family
18,042
Multi-Family
1,060
Businesses
1,708
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