1876 Old Mineral Springs Rd, La Fayette, GA, 30728 | 5.83% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1876 Old Mineral Springs Rd, La Fayette, GA, 30728 | 5.83% Rental Yield | Ziffy

For Sale

Motivated Seller

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in La Fayette at 1876 Old Mineral Springs Rd, La Fayette, GA, 30728 generates $1,456/mo in rent, after a $1,468/mo payment. Total monthly income is $1,456/mo. Return on cash invested sits at 15.45% in year one, and rental yield is 5.83% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 78.81% and total cumulative return in cash sums $78,352. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,456/mo property income rather than buyer’s personal income.

Single Family

Built in 2005

9.60 Acres lot

$N/A/sqft

No HOA

More details about the property

MOTIVATED SELLER - Tucked within 9.6 acres, this property offers exciting investment potential, multi-family living or the allure of group getaways. This property consists of two charming tiny homes that are thoughtfully designed to maximize comfort and functionality featuring cozy living areas and fully equipped kitchens The first home includes 1-2 bedrooms, a combined kitchen/dining area, and a spacious front porch. Upgrades include stainless steel appliances, ceramic tile, and LVP flooring. The second home offers 2 bedrooms, 1 bath, stainless steel appliances, LVP flooring, ceramic tile, and a large front porch. With ample privacy and space for potential future development, the property provides a canvas for building your dream home. There are also ample opportunities for gardening, outdoor activities, or even the development of additional structures, making it an ideal setting for families seeking a peaceful retreat or investors looking to expand their portfolio or short-term rentals. In addition to these homes is a spacious storage building adjacent to the primary home. Conveniently located to LaFayette, this property is only a 30 minute drive to Chattanooga. Don't miss out on this great opportunity, schedule your appointment today. One of the homes is being renovated at this time with new flooring and new paint. Seller will consider subdividing.

Neighborhood Data

Neighborhood data shown for ZIP Code: 30728, La Fayette, GA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,319 (100%)
Owner Occupied HU	5,348 (64.3%)
Renter Occupied HU	2,074 (24.9%)
Vacant Housing Units	897 (10.8%)
Median Home Value	$195,833
Average Home Value	$218,043