111 Dove DrLa FayetteGA30728
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 La Fayette at 111 Dove Dr, La Fayette, GA, 30728 priced at $255,000 converts $1,983/mo rent into $431/mo cash flow after a $1,248/mo obligation. Total monthly income equals $1,983/mo, and annual cash flow totals $5,173/yr on $84,533 invested. Return on cash invested prints 26.03% in year one, and rental yield reads 9.33% against a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation compiles into $70,452 by year five. Five-year ROI reaches 135.58% and total cumulative return in cash sums $114,608. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,983/mo property income covering a $1,248/mo payment, not borrower’s personal income.
Single Family
Built in 2019
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30728, La Fayette, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,319 (100%) |
| Owner Occupied HU | 5,348 (64.3%) |
| Renter Occupied HU | 2,074 (24.9%) |
| Vacant Housing Units | 897 (10.8%) |
| Median Home Value | $195,833 |
| Average Home Value | $218,043 |
Housing Distribution
Address Breakdown
Residential
7,906
Single Family
7,801
Multi-Family
105
Businesses
577
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Listed by: Jake Kellerhals • Keller Williams Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1523656