230 Dix Lee On DrFayettevilleGA30214
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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 Fayetteville at 230 Dix Lee On Dr, Fayetteville, GA, 30214 priced at $460,000 converts $4,212/mo rent into $1,413/mo cash flow after a $2,251/mo obligation. Total monthly income equals $4,212/mo, and annual cash flow totals $16,954/yr on $152,490 invested. Return on cash invested prints 31.03% in year one, and rental yield reads 10.99% against a $460,000 entry. Equity gained on principal adds $2,968/yr, while 5% annual appreciation compiles into $127,090 by year five. Five-year ROI reaches 162.31% and total cumulative return in cash sums $247,513. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,212/mo property income covering a $2,251/mo payment, not borrower’s personal income.
Single Family
Built in 1972
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30214, Fayetteville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,401 (100%) |
| Owner Occupied HU | 9,793 (73.1%) |
| Renter Occupied HU | 2,714 (20.3%) |
| Vacant Housing Units | 894 ( 6.7%) |
| Median Home Value | $389,711 |
| Average Home Value | $437,499 |
Housing Distribution
Address Breakdown
Residential
12,994
Single Family
12,006
Multi-Family
988
Businesses
2,738
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Listed by: Asia Boyce • First Choice Realty Group GA
Mls Name: GAMLS
Mls ID: #10641453