106 Meadow Oak DrRock SpringGA30739
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
Rental property for sale in Rock Spring at 106 Meadow Oak Dr, Rock Spring, GA, 30739 offers $2,492/mo rent that, after a $1,713/mo payment, leaves $362/mo cash flow. Total monthly income is $2,492/mo, and annual cash flow is $4,344/yr on $115,992 cash. Return on cash invested measures 23.65% in year one, and rental yield stands at 8.55% at a $349,900 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,671 by year five. Five-year ROI records 122.83% and total cumulative return in cash reaches $142,470. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,492/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
2.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30739, Rock Spring, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,371 (100%) |
| Owner Occupied HU | 1,837 (77.5%) |
| Renter Occupied HU | 387 (16.3%) |
| Vacant Housing Units | 147 ( 6.2%) |
| Median Home Value | $280,405 |
| Average Home Value | $295,860 |
Housing Distribution
Address Breakdown
Residential
2,254
Single Family
2,254
Multi-Family
0
Businesses
153
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sherryde Southerland • RE/MAX Real Estate Center
Mls Name: Greater Chattanooga Realtors
Mls ID: #1525005