1904 Honeysuckle TrlFort OglethorpeGA30742
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 Fort Oglethorpe at 1904 Honeysuckle Trl, Fort Oglethorpe, GA, 30742 listed at $425,000 pairs $3,282/mo rent with a $2,080/mo payment to leave $696/mo cash flow. Total monthly income runs $3,282/mo, and annual cash flow reaches $8,346/yr on $140,888 cash to close. Return on cash invested measures 25.83% in year one, and rental yield registers 9.27% at a $425,000 basis. Equity gained on principal adds $2,742/yr, and annual property appreciation at 5% supports $117,420 by year five. Five-year ROI tracks 134.49% and total cumulative return in cash totals $189,473. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,282/mo property income relative to a $2,080/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
0.33 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Trace A Mashburn • NextHome Plus
Mls Name: Greater Chattanooga Realtors
Mls ID: #1393948
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Zillow, Inc. does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded. Some or all of the listings displayed may not belong to the firm whose website is being visited Copyright 2024 by Chattanooga Association of REALTORS