136 Ginger Lake DrRock SpringGA30739
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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 Rock Spring at 136 Ginger Lake Dr, Rock Spring, GA, 30739 generates $2,505/mo in rent, after a $2,545/mo payment. Total monthly income is $2,505/mo. Return on cash invested sits at 15.43% in year one, and rental yield is 5.78% on a $519,900 entry. Equity gained on principal adds $3,355/yr, while 5% annual appreciation builds toward $143,639 over five years. Five-year ROI reaches 78.68% and total cumulative return in cash sums $134,584. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,505/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30739, Rock Spring, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,371 (100%) |
| Owner Occupied HU | 1,837 (77.5%) |
| Renter Occupied HU | 387 (16.3%) |
| Vacant Housing Units | 147 ( 6.2%) |
| Median Home Value | $280,405 |
| Average Home Value | $295,860 |
Housing Distribution
Address Breakdown
Residential
2,254
Single Family
2,254
Multi-Family
0
Businesses
153
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Listed by: Marcus Holt • REAL Broker
Mls Name: Greater Chattanooga Realtors
Mls ID: #1524655