110 Lake Ridge DrBaxleyGA31513
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing110 Lake Ridge Dr, Baxley, GA, 31513 in Baxley is a stable, well-positioned rental at $424,900. Rental yield 6.27%. DSCR 1.16 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $117,392 in value and $3,913/yr in principal paydown builds equity, a total projected return of $137,366.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.3% | 6.5% |
| Monthly Cash Flow | $(366) | $300 |
City averages based on Baxley market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,220 |
| Total Monthly Debt Service | $2,417 |
| DSCR Ratio | 0.92x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2011
1.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31513, Baxley, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,431 (100%) |
| Owner Occupied HU | 4,696 (63.2%) |
| Renter Occupied HU | 1,636 (22.0%) |
| Vacant Housing Units | 1,099 (14.8%) |
| Median Home Value | $123,864 |
| Average Home Value | $181,319 |
Housing Distribution
Address Breakdown
Residential
6,638
Single Family
6,608
Multi-Family
30
Businesses
575
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
Single Family
Built in 2011
1.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31513, Baxley, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,431 (100%) |
| Owner Occupied HU | 4,696 (63.2%) |
| Renter Occupied HU | 1,636 (22.0%) |
| Vacant Housing Units | 1,099 (14.8%) |
| Median Home Value | $123,864 |
| Average Home Value | $181,319 |
Housing Distribution
Address Breakdown
Residential
6,638
Single Family
6,608
Multi-Family
30
Businesses
575
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices