1955 Old Lafayette RdFort OglethorpeGA30742
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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
Investment Highlights
Investment property for sale in Fort Oglethorpe at 1955 Old Lafayette Rd, Fort Oglethorpe, GA, 30742 uses $89,505 cash to close to unlock $3,339/yr annual cash flow and $278/mo monthly cash flow. Total monthly income runs $1,922/mo, and a $1,322/mo payment keeps the spread at $278/mo. Purchase price stands at $270,000, and rental yield measures 8.54% with $1,922/mo rent. Return on cash invested shows 23.64% in year one, and 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 122.76% and total cumulative return in cash records $109,873. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,922/mo property income covering a $1,322/mo payment rather than investor’s personal income.
Single Family
Built in 1962
0.36 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
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Listed by: Marvin Morrison • Fletcher Bright Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1518552