243 Lovinggood RdRinggoldGA30736
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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 Ringgold at 243 Lovinggood Rd, Ringgold, GA, 30736 offers $4,781/mo rent that, after a $6,118/mo payment. Total monthly income is $4,781/mo. Return on cash invested measures 11.99% in year one, and rental yield stands at 4.59% at a $1,250,000 entry. Equity gained on principal adds $8,066/yr while 5% annual appreciation compounds into $345,352 by year five. Five-year ROI records 60.17% and total cumulative return in cash reaches $243,685. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,781/mo property income versus a $6,118/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
16.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30736, Ringgold, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,097 (100%) |
| Owner Occupied HU | 13,898 (76.8%) |
| Renter Occupied HU | 3,217 (17.8%) |
| Vacant Housing Units | 982 ( 5.4%) |
| Median Home Value | $295,727 |
| Average Home Value | $346,943 |
Housing Distribution
Address Breakdown
Residential
17,352
Single Family
17,351
Multi-Family
1
Businesses
1,086
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