173 Comer RdLexingtonGA30648
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.29% yield at 173 Comer Rd, Lexington, GA, 30648 in Lexington is solid, but the $1,214/mo payment compresses net cash flow to $156/mo at $270,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $74,596 by year five, and $2,487/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.54) without U.S. income documentation. Total projected return: $112,613.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.5% |
| Monthly Cash Flow | $156 | $250 |
City averages based on Lexington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,866 |
| Total Monthly Debt Service | $1,603 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1980
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30648, Lexington, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,296 (100%) |
| Owner Occupied HU | 969 (74.8%) |
| Renter Occupied HU | 223 (17.2%) |
| Vacant Housing Units | 104 ( 8.0%) |
| Median Home Value | $242,599 |
| Average Home Value | $302,469 |
Housing Distribution
Address Breakdown
Residential
1,097
Single Family
1,097
Multi-Family
0
Businesses
110
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
Single Family
Built in 1980
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30648, Lexington, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,296 (100%) |
| Owner Occupied HU | 969 (74.8%) |
| Renter Occupied HU | 223 (17.2%) |
| Vacant Housing Units | 104 ( 8.0%) |
| Median Home Value | $242,599 |
| Average Home Value | $302,469 |
Housing Distribution
Address Breakdown
Residential
1,097
Single Family
1,097
Multi-Family
0
Businesses
110
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carolyn Poole • Virtual Properties Realty
Mls Name: Hive MLS
Mls ID: #CM1019534
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.