248 River RdLakelandGA31635
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 248 River Rd, Lakeland, GA, 31635 in Lakeland at $219,000, 5.75% gross yield, is a market-growth asset. Rental yield 5.75%. The $1,049/mo rent partially funds the $985/mo debt service; the core return is the 5%/yr price growth projected to add $60,506 over five years. Ziffy Mortgage's DSCR mortgage (1.06) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $64,726.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.8% | 5.5% |
| Monthly Cash Flow | $(284) | $300 |
City averages based on Lakeland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,049 |
| Total Monthly Debt Service | $1,246 |
| DSCR Ratio | 0.84x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Manufactured
Built in 2023
3.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31635, Lakeland, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,841 (100%) |
| Owner Occupied HU | 1,651 (58.1%) |
| Renter Occupied HU | 837 (29.5%) |
| Vacant Housing Units | 353 (12.4%) |
| Median Home Value | $177,265 |
| Average Home Value | $206,024 |
Housing Distribution
Address Breakdown
Residential
2,481
Single Family
2,423
Multi-Family
58
Businesses
220
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
Manufactured
Built in 2023
3.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31635, Lakeland, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,841 (100%) |
| Owner Occupied HU | 1,651 (58.1%) |
| Renter Occupied HU | 837 (29.5%) |
| Vacant Housing Units | 353 (12.4%) |
| Median Home Value | $177,265 |
| Average Home Value | $206,024 |
Housing Distribution
Address Breakdown
Residential
2,481
Single Family
2,423
Multi-Family
58
Businesses
220
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices