1403 N Main StLa FayetteGA30728
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
Investment property for sale in La Fayette at 1403 N Main St, La Fayette, GA, 30728 uses $53,007 cash to close to unlock $3,065/yr annual cash flow and $255/mo monthly cash flow. Total monthly income runs $1,229/mo, and a $783/mo payment keeps the spread at $255/mo. Purchase price stands at $159,900, and rental yield measures 9.22% with $1,229/mo rent. Return on cash invested shows 25.69% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 133.78% and total cumulative return in cash records $70,914. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,229/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1955
0.63 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: William J Teems • Teems & Teems Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1521404