1011 Oaklake TrlWatkinsvilleGA30677
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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 Watkinsville at 1011 Oaklake Trl, Watkinsville, GA, 30677 uses $243,131 cash to close to unlock $5,586/yr annual cash flow and $466/mo monthly cash flow. Total monthly income runs $4,984/mo, and a $3,617/mo payment keeps the spread at $466/mo. Purchase price stands at $739,000, and rental yield measures 8.09% with $4,984/mo rent. Return on cash invested shows 22.36% in year one, and 5% annual appreciation builds toward $204,172 over five years. Five-year ROI reaches 115.84% and total cumulative return in cash records $281,648. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,984/mo property income covering a $3,617/mo payment rather than investor’s personal income.
Single Family
Built in 2005
0.74 Acres lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30677, Watkinsville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,079 (100%) |
| Owner Occupied HU | 6,693 (82.8%) |
| Renter Occupied HU | 1,032 (12.8%) |
| Vacant Housing Units | 354 ( 4.4%) |
| Median Home Value | $441,980 |
| Average Home Value | $524,470 |
Housing Distribution
Address Breakdown
Residential
7,904
Single Family
7,803
Multi-Family
101
Businesses
1,262
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Listed by: Melinda Edwards • Corcoran Classic Living
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1024375
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.