161 W Main StLakelandGA31635
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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
Investment property for sale in Lakeland at 161 W Main St, Lakeland, GA, 31635 uses $92,157 cash to close to unlock $7,761/yr annual cash flow and $647/mo monthly cash flow. Total monthly income runs $2,339/mo, and a $1,361/mo payment keeps the spread at $647/mo. Purchase price stands at $278,000, and rental yield measures 10.1% with $2,339/mo rent. Return on cash invested shows 28.33% in year one, and 5% annual appreciation builds toward $76,806 over five years. Five-year ROI reaches 147.87% and total cumulative return in cash records $136,277. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,339/mo property income covering a $1,361/mo payment rather than investor’s personal income.
Single Family
Built in N/A
1.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31635, Lakeland, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,841 (100%) |
| Owner Occupied HU | 1,651 (58.1%) |
| Renter Occupied HU | 837 (29.5%) |
| Vacant Housing Units | 353 (12.4%) |
| Median Home Value | $177,265 |
| Average Home Value | $206,024 |
Housing Distribution
Address Breakdown
Residential
2,481
Single Family
2,423
Multi-Family
58
Businesses
220
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