1166 Jamaica AvenueLincolntonGA30817
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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 Lincolnton at 1166 Jamaica Avenue, Lincolnton, GA, 30817 generates $2,608/mo in rent, after a $2,203/mo payment. Total monthly income is $2,608/mo. Return on cash invested sits at 18.85% in year one, and rental yield is 6.95% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 97.05% and total cumulative return in cash sums $144,774. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,608/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30817, Lincolnton, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,118 (100%) |
| Owner Occupied HU | 2,479 (60.2%) |
| Renter Occupied HU | 695 (16.9%) |
| Vacant Housing Units | 944 (22.9%) |
| Median Home Value | $226,312 |
| Average Home Value | $312,256 |
Housing Distribution
Address Breakdown
Residential
3,557
Single Family
3,532
Multi-Family
25
Businesses
258
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Listed by: Sandy J. Butler • Defoor Realty
Mls Name: Hive MLS
Mls ID: #550762