238 Lake Joy RdPerryGA31069
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 Perry at 238 Lake Joy Rd, Perry, GA, 31069 at $278,000 posts ROI 28.13% with $632/mo cash flow from $2,324/mo rent. Total monthly income equals $2,324/mo, and annual cash flow records $7,581/yr on $92,157 to close. Return on cash invested measures 28.13% and rental yield reads 10.03% at the current $278,000. Equity gained on principal adds $1,794/yr, and 5% annual appreciation supports $76,806 by year five. Five-year ROI prints 146.83% and total cumulative return in cash totals $135,317.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,324/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1964
3.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31069, Perry, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,284 (100%) |
| Owner Occupied HU | 7,041 (68.5%) |
| Renter Occupied HU | 2,740 (26.6%) |
| Vacant Housing Units | 503 ( 4.9%) |
| Median Home Value | $278,944 |
| Average Home Value | $302,856 |
Housing Distribution
Address Breakdown
Residential
9,971
Single Family
9,303
Multi-Family
668
Businesses
928
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices