234 R L Parker DrLuthersvilleGA30251
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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 Luthersville at 234 R L Parker Dr, Luthersville, GA, 30251 priced at $299,990 converts $2,999/mo rent into $1,174/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,999/mo, and annual cash flow totals $14,082/yr on $99,447 invested. Return on cash invested prints 34.07% in year one, and rental yield reads 12% against a $299,990 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation compiles into $82,882 by year five. Five-year ROI reaches 178.66% and total cumulative return in cash sums $177,669. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,999/mo property income covering a $1,468/mo payment, not borrower’s personal income.
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
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Listed by: Kelly Tynes • Southern Real Estate Properties
Mls Name: GAMLS
Mls ID: #10643647