178 Melody LnRinggoldGA30736
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 Ringgold at 178 Melody Ln, Ringgold, GA, 30736 at $279,900 posts ROI 33.64% with $1,061/mo cash flow from $2,765/mo rent. Total monthly income equals $2,765/mo, and annual cash flow records $12,737/yr on $92,787 to close. Return on cash invested measures 33.64% and rental yield reads 11.85% at the current $279,900. Equity gained on principal adds $1,806/yr, and 5% annual appreciation supports $77,331 by year five. Five-year ROI prints 176.35% and total cumulative return in cash totals $163,633.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,765/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1971
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30736, Ringgold, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,097 (100%) |
| Owner Occupied HU | 13,898 (76.8%) |
| Renter Occupied HU | 3,217 (17.8%) |
| Vacant Housing Units | 982 ( 5.4%) |
| Median Home Value | $295,727 |
| Average Home Value | $346,943 |
Housing Distribution
Address Breakdown
Residential
17,352
Single Family
17,351
Multi-Family
1
Businesses
1,086
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Listed by: Kathryn Barger-Howell • Keller Williams Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1511472
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