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 $1,948/mo rent with $731/mo cash flow after a $979/mo payment. Total monthly income equals $1,948/mo, and annual cash flow comes to $8,768/yr on $66,300 invested. Return on cash invested is 33.13% in year one, and rental yield stands at 11.69% 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 173.64% and total cumulative return in cash reaches $115,124. For financing, Ziffy Mortgage’s DSCR program evaluates $1,948/mo property income against a $979/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1997
7.75 Acres lot
$N/A/sqft
No HOA
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
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