1305 Park Forrest DrFort OglethorpeGA30742
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
Total monthly income runs $1,714/mo, and a $1,443/mo payment. Purchase price stands at $294,900, and rental yield measures 6.97% with $1,714/mo rent. Return on cash invested shows 18.92% in year one, and 5% annual appreciation builds toward $81,475 over five years. Five-year ROI reaches 97.42% and total cumulative return in cash records $95,239. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,714/mo property income covering a $1,443/mo payment rather than investor’s personal income.
Multi Family
Built in 1972
0.37 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daniel Hunter • RE/MAX Properties
Mls Name: Greater Chattanooga Realtors
Mls ID: #1523202