103 N Hillcrest Dr SELindaleGA30147
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
Investment Highlights
Investment property for sale in Lindale at 103 N Hillcrest Dr SE, Lindale, GA, 30147 uses $53,040 cash to close to unlock $10,516/yr annual cash flow and $876/mo monthly cash flow. Total monthly income runs $1,850/mo, and a $783/mo payment keeps the spread at $876/mo. Purchase price stands at $160,000, and rental yield measures 13.88% with $1,850/mo rent. Return on cash invested shows 39.74% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 209.1% and total cumulative return in cash records $110,906. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,850/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1930
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30147, Lindale, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,075 (100%) |
| Owner Occupied HU | 1,337 (64.4%) |
| Renter Occupied HU | 511 (24.6%) |
| Vacant Housing Units | 227 (10.9%) |
| Median Home Value | $211,667 |
| Average Home Value | $253,972 |
Housing Distribution
Address Breakdown
Residential
1,723
Single Family
1,723
Multi-Family
0
Businesses
101
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Listed by: Julie Lillquist • Atlanta Communities
Mls Name: GAMLS
Mls Provider:
Mls ID: #10434107
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.