1398 Pocket RdLa FayetteGA30728
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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
Investment property for sale in La Fayette at 1398 Pocket Rd, La Fayette, GA, 30728 offers a 8.51% rental yield on a $184,900 purchase with $1,312/mo rent. Total monthly income registers $1,312/mo, and a $905/mo payment leaves $187/mo available for distribution. Annual cash flow reaches $2,240/yr on $61,294 to close, and return on cash invested stands at 23.56% in year one. Equity gained on principal adds $1,193/yr while 5% annual appreciation supports $51,084 over five years. Portfolio math shows five-year ROI at 122.33% and total cumulative return in cash at $74,983. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,312/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1994
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30728, La Fayette, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,319 (100%) |
| Owner Occupied HU | 5,348 (64.3%) |
| Renter Occupied HU | 2,074 (24.9%) |
| Vacant Housing Units | 897 (10.8%) |
| Median Home Value | $195,833 |
| Average Home Value | $218,043 |
Housing Distribution
Address Breakdown
Residential
7,906
Single Family
7,801
Multi-Family
105
Businesses
577
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Listed by: Michael Collins • Keller Williams Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1501664
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