137 Lakeview Dr SIveyGA31031
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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 Ivey at 137 Lakeview Dr S, Ivey, GA, 31031 priced at $249,900 converts $1,795/mo rent into $274/mo cash flow after a $1,223/mo obligation. Total monthly income equals $1,795/mo, and annual cash flow totals $3,290/yr on $82,842 invested. Return on cash invested prints 23.88% in year one, and rental yield reads 8.62% against a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,043 by year five. Five-year ROI reaches 124.06% and total cumulative return in cash sums $102,770. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,795/mo property income covering a $1,223/mo payment, not borrower’s personal income.
Single Family
Built in 1973
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31031, Gordon, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,646 (100%) |
| Owner Occupied HU | 1,803 (68.1%) |
| Renter Occupied HU | 459 (17.3%) |
| Vacant Housing Units | 384 (14.5%) |
| Median Home Value | $119,602 |
| Average Home Value | $178,325 |
Housing Distribution
Address Breakdown
Residential
2,419
Single Family
2,350
Multi-Family
69
Businesses
119
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