229 Lakeshore DrEatontonGA31024
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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
Investment property for sale in Eatonton at 229 Lakeshore Dr, Eatonton, GA, 31024 with 5% annual appreciation on a $374,900 basis while $1,818/mo rent supports operations. 43% in year one. Equity gained on principal adds $2,419/yr, and five-year appreciation sums $103,578 alongside rental yield of 5.82%. Five-year ROI measures 78.72% and total cumulative return in cash totals $97,831. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,818/mo property income versus a $1,835/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1994
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31024, Eatonton, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,158 (100%) |
| Owner Occupied HU | 7,108 (54.0%) |
| Renter Occupied HU | 2,298 (17.5%) |
| Vacant Housing Units | 3,752 (28.5%) |
| Median Home Value | $297,495 |
| Average Home Value | $420,523 |
Housing Distribution
Address Breakdown
Residential
10,987
Single Family
10,774
Multi-Family
213
Businesses
828
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