1103 Ridgelake DrPeachtree CityGA30269
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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 Peachtree City at 1103 Ridgelake Dr, Peachtree City, GA, 30269 generates $2,368/mo in rent and, after a $1,503/mo payment, leaves $174/mo in cash flow. Total monthly income is $2,368/mo, and annual cash flow is $2,090/yr on $101,771 invested. Return on cash invested sits at 21.96% in year one, and rental yield is 9.26% on a $307,000 entry. Equity gained on principal adds $1,981/yr, while 5% annual appreciation builds toward $84,818 over five years. Five-year ROI reaches 115.14% and total cumulative return in cash sums $117,182. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,368/mo property income rather than buyer’s personal income.
Condo
Built in 1986
1,306 sqft lot
$N/A/sqft
$325 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30269, Peachtree City, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,648 (100%) |
| Owner Occupied HU | 12,141 (72.9%) |
| Renter Occupied HU | 3,850 (23.1%) |
| Vacant Housing Units | 657 ( 3.9%) |
| Median Home Value | $482,142 |
| Average Home Value | $533,786 |
Housing Distribution
Address Breakdown
Residential
15,604
Single Family
13,448
Multi-Family
2,156
Businesses
1,869
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Listed by: April Parker • Chapman Hall Realtors
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7642689
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