109 Lake Forest DrEatontonGA31024
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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 Eatonton at 109 Lake Forest Dr, Eatonton, GA, 31024 priced at $995,000 converts $3,254/mo rent into after a $4,870/mo obligation. Total monthly income equals $3,254/mo. Return on cash invested prints 9.42% in year one, and rental yield reads 3.92% against a $995,000 entry. Equity gained on principal adds $6,421/yr, while 5% annual appreciation compiles into $274,900 by year five. Five-year ROI reaches 46.56% and total cumulative return in cash sums $152,430. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,254/mo property income covering a $4,870/mo payment, not borrower’s personal income.
Single Family
Built in 1989
1 Acres lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31024, Eatonton, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,158 (100%) |
| Owner Occupied HU | 7,108 (54.0%) |
| Renter Occupied HU | 2,298 (17.5%) |
| Vacant Housing Units | 3,752 (28.5%) |
| Median Home Value | $297,495 |
| Average Home Value | $420,523 |
Housing Distribution
Address Breakdown
Residential
10,987
Single Family
10,774
Multi-Family
213
Businesses
828
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