107 Stornoway DrLeesburgGA31763
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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
Rental property for sale in Leesburg at 107 Stornoway Dr, Leesburg, GA, 31763 priced at $412,500 converts $2,982/mo rent into $471/mo cash flow after a $2,019/mo obligation. Total monthly income equals $2,982/mo, and annual cash flow totals $5,657/yr on $136,744 invested. Return on cash invested prints 24.05% in year one, and rental yield reads 8.67% against a $412,500 entry. Equity gained on principal adds $2,662/yr, while 5% annual appreciation compiles into $113,966 by year five. Five-year ROI reaches 124.9% and total cumulative return in cash sums $170,788. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,982/mo property income covering a $2,019/mo payment, not borrower’s personal income.
Single Family
Built in 2025
1.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31763, Leesburg, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,194 (100%) |
| Owner Occupied HU | 7,674 (68.6%) |
| Renter Occupied HU | 2,971 (26.5%) |
| Vacant Housing Units | 549 ( 4.9%) |
| Median Home Value | $242,075 |
| Average Home Value | $278,234 |
Housing Distribution
Address Breakdown
Residential
10,884
Single Family
10,278
Multi-Family
606
Businesses
535
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