215 Lakeside DrMilledgevilleGA31061
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
Investment property for sale in Milledgeville at 215 Lakeside Dr, Milledgeville, GA, 31061 at $240,900 posts ROI 29.36% with $629/mo cash flow from $2,095/mo rent. Total monthly income equals $2,095/mo, and annual cash flow records $7,547/yr on $79,858 to close. Return on cash invested measures 29.36% and rental yield reads 10.44% at the current $240,900. Equity gained on principal adds $1,554/yr, and 5% annual appreciation supports $66,556 by year five. Five-year ROI prints 153.37% and total cumulative return in cash totals $122,481.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,095/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31061, Milledgeville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,866 (100%) |
| Owner Occupied HU | 9,803 (49.3%) |
| Renter Occupied HU | 6,348 (32.0%) |
| Vacant Housing Units | 3,715 (18.7%) |
| Median Home Value | $224,135 |
| Average Home Value | $295,359 |
Housing Distribution
Address Breakdown
Residential
17,899
Single Family
16,975
Multi-Family
924
Businesses
1,303
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Listed by: Lee Ann Redd • HRP Realty
Mls Name: Milledgeville MLS
Mls ID: #49522
Disclaimer: Copyright Milledgeville MLS. All rights reserved. Information is deemed reliable but not guaranteed.