234 R L Parker DrLuthersvilleGA30251
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 234 R L Parker Dr, Luthersville, GA, 30251 in Luthersville: $2,999/mo in rent, $1,173/mo net, 12% gross yield, all on a $299,990 acquisition. The 2.22 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $82,882 in value, and $2,763/yr in principal paydown steadily builds equity. Projected total cumulative return: $189,133.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 6.0% |
| Monthly Cash Flow | $1,173 | $150 |
City averages based on Luthersville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,999 |
| Total Monthly Debt Service | $1,706 |
| DSCR Ratio | 1.76x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2023
1.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30251, Luthersville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,025 (100%) |
| Owner Occupied HU | 782 (76.3%) |
| Renter Occupied HU | 179 (17.5%) |
| Vacant Housing Units | 64 ( 6.2%) |
| Median Home Value | $230,909 |
| Average Home Value | $235,400 |
Housing Distribution
Address Breakdown
Residential
1,018
Single Family
1,018
Multi-Family
0
Businesses
67
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
Single Family
Built in 2023
1.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30251, Luthersville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,025 (100%) |
| Owner Occupied HU | 782 (76.3%) |
| Renter Occupied HU | 179 (17.5%) |
| Vacant Housing Units | 64 ( 6.2%) |
| Median Home Value | $230,909 |
| Average Home Value | $235,400 |
Housing Distribution
Address Breakdown
Residential
1,018
Single Family
1,018
Multi-Family
0
Businesses
67
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kelly Tynes • Southern Real Estate Properties
Mls Name: GAMLS
Mls ID: #10643647