1719 Cannon DrFort OglethorpeGA30742
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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 Fort Oglethorpe at 1719 Cannon Dr, Fort Oglethorpe, GA, 30742 offers a 8.62% rental yield on a $275,000 purchase with $1,975/mo rent. Total monthly income registers $1,975/mo, and a $1,346/mo payment leaves $301/mo available for distribution. Annual cash flow reaches $3,615/yr on $91,163 to close, and return on cash invested stands at 23.87% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 124.01% and total cumulative return in cash at $113,051. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,975/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30742, Fort Oglethorpe, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,707 (100%) |
| Owner Occupied HU | 1,750 (47.2%) |
| Renter Occupied HU | 1,658 (44.7%) |
| Vacant Housing Units | 299 ( 8.1%) |
| Median Home Value | $205,072 |
| Average Home Value | $243,056 |
Housing Distribution
Address Breakdown
Residential
3,402
Single Family
3,012
Multi-Family
390
Businesses
619
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Listed by: Carter Roberson • RE/MAX Renaissance Realtors
Mls Name: Greater Chattanooga Realtors
Mls ID: #1525798