1197 Carpenter DrLincolntonGA30817
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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 Lincolnton at 1197 Carpenter Dr, Lincolnton, GA, 30817 earns $243/mo cash flow from $1,217/mo rent with a $783/mo payment. Total monthly income totals $1,217/mo, and annual cash flow totals $2,921/yr on $53,007 capital. ROI tracks 25.42% on current figures, and rental yield reads 9.13% at a $159,900 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,177 over five years. Five-year ROI reaches 132.33% and total cumulative return in cash sums $70,146. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,217/mo property income instead of your personal income.
Single Family
Built in 1985
2.18 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: Erin Berry • Keller Williams Lanier Partners
Mls Name: FMLS GA
Mls ID: #7698416