124 Colony CirFort OglethorpeGA30742
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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 Fort Oglethorpe at 124 Colony Cir, Fort Oglethorpe, GA, 30742 uses $82,146 cash to close to unlock $3,692/yr annual cash flow and $308/mo monthly cash flow. Total monthly income runs $1,816/mo, and a $1,213/mo payment keeps the spread at $308/mo. Purchase price stands at $247,800, and rental yield measures 8.79% with $1,816/mo rent. Return on cash invested shows 24.4% in year one, and 5% annual appreciation builds toward $68,463 over five years. Five-year ROI reaches 126.82% and total cumulative return in cash records $104,175. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,816/mo property income covering a $1,213/mo payment rather than investor’s personal income.
Single Family
Built in 1998
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30742, Fort Oglethorpe, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,707 (100%) |
| Owner Occupied HU | 1,750 (47.2%) |
| Renter Occupied HU | 1,658 (44.7%) |
| Vacant Housing Units | 299 ( 8.1%) |
| Median Home Value | $205,072 |
| Average Home Value | $243,056 |
Housing Distribution
Address Breakdown
Residential
3,402
Single Family
3,012
Multi-Family
390
Businesses
619
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Listed by: Brian Kelly • Real Broker
Mls Name: Greater Chattanooga Realtors
Mls ID: #1521336