1140 Lake DrGreensboroGA30642








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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
Investment property for sale in Greensboro at 1140 Lake Dr, Greensboro, GA, 30642 offers a 7.09% rental yield on a $935,000 purchase with $5,521/mo rent. 82% in year one. Equity gained on principal adds $6,033/yr while 5% annual appreciation supports $258,323 over five years. Portfolio math shows five-year ROI at 97.01% and total cumulative return in cash at $298,412. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,521/mo property income against a $4,576/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.70 Acres lot
$N/A/sqft
$1,800 annually HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 30642, Greensboro, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,860 (100%) |
| Owner Occupied HU | 5,509 (62.2%) |
| Renter Occupied HU | 1,395 (15.7%) |
| Vacant Housing Units | 1,956 (22.1%) |
| Median Home Value | $598,488 |
| Average Home Value | $720,147 |
Housing Distribution
Address Breakdown
Residential
8,449
Single Family
8,065
Multi-Family
384
Businesses
711
Price History
Date | Event | Price |
|---|---|---|
| 2024-10-28 | Listed for sale | $935,000 |
| 2023-12-29 | Sold | $62,500 |
| 2005-02-16 | Sold | $25,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-16 | $485.16 | -15.33% | $30,000 | N/A |
| 2022-02-16 | $572.97 | 4.21% | $30,000 | 7.14% |
| 2021-02-16 | $549.82 | 50.18% | $28,000 | 75.00% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2024
- Architectural Style: Cottage,Ranch,Traditional,Craftsman
- Building Area: 3,561
- Living Area: 3,561 sqft
- Property Condition: New Construction
Features & Amenities
- Heating: Electric
- Cooling: Central Air
- Flooring: Carpet, Tile, Wood
- Interior Features: Crown Molding, Soaking Tub, Kitchen Island, Pantry, Separate Shower, Solid Surface Counters, Walk-In Closet(s)
- Exterior Features: N/A
- Parking Features: 3 Car Attached
Location
- City: Greensboro
- State: GA
- Subdivision: HARBOR CLUB
- Lot Size: 0.70 Acres
- Lot Features: Irrigation System, Lake Oconee Area
- View: N/A
HOA & Fees
- HOA Fee: $1,800 annually
- Association Fee: $1,800 annually
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Cable Connected, Cable Internet
- Sewer: City
- Water Source: City
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Lisa Collins • Atlanta Fine Homes Sotheby's
Mls Name: LCBOR
Mls Provider:
Mls ID: #67339
Disclaimer: Copyright Lake Country Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.







