134 Steele RdWildwoodGA30757
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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 Wildwood at 134 Steele Rd, Wildwood, GA, 30757 priced at $185,000 converts $1,297/mo rent into $172/mo cash flow after a $905/mo obligation. Total monthly income equals $1,297/mo, and annual cash flow totals $2,058/yr on $61,328 invested. Return on cash invested prints 23.27% in year one, and rental yield reads 8.41% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 120.71% and total cumulative return in cash sums $74,031. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,297/mo property income covering a $905/mo payment, not borrower’s personal income.
Manufactured
Built in 1996
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30757, Wildwood, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 780 (100%) |
| Owner Occupied HU | 477 (61.2%) |
| Renter Occupied HU | 187 (24.0%) |
| Vacant Housing Units | 116 (14.9%) |
| Median Home Value | $148,060 |
| Average Home Value | $209,617 |
Housing Distribution
Address Breakdown
Residential
679
Single Family
679
Multi-Family
0
Businesses
46
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Listed by: Wesley Bethune • BHHS Southern Routes Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1518728
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