206 Oakridge DrClevelandGA30528
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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
Rental property for sale in Cleveland at 206 Oakridge Dr, Cleveland, GA, 30528 priced at $200,000 pairs $1,340/mo rent with $123/mo cash flow after a $979/mo payment. Total monthly income equals $1,340/mo, and annual cash flow comes to $1,472/yr on $66,300 invested. Return on cash invested is 22.13% in year one, and rental yield stands at 8.04% on a $200,000 basis. Equity gained on principal adds $1,291/yr, and 5% annual appreciation accumulates to $55,256 by year five. Five-year ROI measures 114.64% and total cumulative return in cash reaches $76,004. For financing, Ziffy Mortgage’s DSCR program evaluates $1,340/mo property income against a $979/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1997
7.75 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 30528, Cleveland, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,778 (100%) |
| Owner Occupied HU | 7,249 (67.3%) |
| Renter Occupied HU | 2,150 (19.9%) |
| Vacant Housing Units | 1,379 (12.8%) |
| Median Home Value | $316,813 |
| Average Home Value | $354,759 |
Housing Distribution
Address Breakdown
Residential
9,869
Single Family
9,726
Multi-Family
143
Businesses
935
Price History
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1997
- Architectural Style: N/A
- Building Area: N/A
- Living Area: N/A
- Property Condition: N/A
Features & Amenities
- Heating: N/A
- Cooling: N/A
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Detached, Garage
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Tyler Walton • Humphries & King Realty, LLC.
Mls Name: FMLS GA
Mls ID: #7693466