214 S Lake DrHiramGA30141
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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 Hiram at 214 S Lake Dr, Hiram, GA, 30141 generates $1,663/mo in rent, after a $1,468/mo payment. Total monthly income is $1,663/mo. Return on cash invested sits at 17.95% in year one, and rental yield is 6.65% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 92.2% and total cumulative return in cash sums $91,660. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,663/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30141, Hiram, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,378 (100%) |
| Owner Occupied HU | 6,648 (70.9%) |
| Renter Occupied HU | 2,381 (25.4%) |
| Vacant Housing Units | 349 ( 3.7%) |
| Median Home Value | $287,441 |
| Average Home Value | $305,229 |
Housing Distribution
Address Breakdown
Residential
9,160
Single Family
8,479
Multi-Family
681
Businesses
1,073
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