168 Cherokee AveLeesburgGA31763
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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 Leesburg at 168 Cherokee Ave, Leesburg, GA, 31763 uses $62,952 cash to close to unlock $4,388/yr annual cash flow and $366/mo monthly cash flow. Total monthly income runs $1,521/mo, and a $929/mo payment keeps the spread at $366/mo. Purchase price stands at $189,900, and rental yield measures 9.61% with $1,521/mo rent. Return on cash invested shows 26.88% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 140.08% and total cumulative return in cash records $88,181. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,521/mo property income covering a $929/mo payment rather than investor’s personal income.
Single Family
Built in 1986
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31763, Leesburg, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,194 (100%) |
| Owner Occupied HU | 7,674 (68.6%) |
| Renter Occupied HU | 2,971 (26.5%) |
| Vacant Housing Units | 549 ( 4.9%) |
| Median Home Value | $242,075 |
| Average Home Value | $278,234 |
Housing Distribution
Address Breakdown
Residential
10,884
Single Family
10,278
Multi-Family
606
Businesses
535
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Listed by: Norris Bishop • Norris Bishop Realty, LLC
Mls Name: SWGMLS
Mls ID: #164694
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.