178 Springdale DrLeesburgGA31763
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 178 Springdale Dr, Leesburg, GA, 31763 in Leesburg. At $269,900 it earns $2,000/mo in rent and distributes $354/mo to the owner after the $1,214/mo payment, a consistent 8.89% yield. DSCR 1.65 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $74,568 in value; $2,486/yr in principal paydown compounds ownership stake. Total projected return: $124,976.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 8.0% |
| Monthly Cash Flow | $354 | $300 |
City averages based on Leesburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,000 |
| Total Monthly Debt Service | $1,539 |
| DSCR Ratio | 1.30x |
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 2001
1.17 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
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 2001
1.17 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amanda Wiley & Kyla Standring Team • ERA ALL IN ONE REALTY
Mls Name: SWGMLS
Mls ID: #168813
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.