214 East AveLa FayetteGA30728
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
Rental property for sale in La Fayette at 214 East Ave, La Fayette, GA, 30728 priced at $204,999 converts $1,525/mo rent into $278/mo cash flow after a $1,003/mo obligation. Total monthly income equals $1,525/mo, and annual cash flow totals $3,333/yr on $67,957 invested. Return on cash invested prints 24.81% in year one, and rental yield reads 8.93% against a $204,999 entry. Equity gained on principal adds $1,323/yr, while 5% annual appreciation compiles into $56,637 by year five. Five-year ROI reaches 129.02% and total cumulative return in cash sums $87,677. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,525/mo property income covering a $1,003/mo payment, not borrower’s personal income.
Single Family
Built in 1957
1,568 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
7,906
Single Family
7,801
Multi-Family
105
Businesses
577
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Listed by: Jessica Teems • Teems & Teems Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1523255