278 Sam Lewis RdRinggoldGA30736
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
Rental property for sale in Ringgold at 278 Sam Lewis Rd, Ringgold, GA, 30736 generates $2,485/mo in rent and, after a $668/mo payment, leaves $1,654/mo in cash flow. Total monthly income is $2,485/mo, and annual cash flow is $19,852/yr on $45,258 invested. Return on cash invested sits at 63.77% in year one, and rental yield is 21.84% on a $136,526 entry. Equity gained on principal adds $881/yr, while 5% annual appreciation builds toward $37,720 over five years. Five-year ROI reaches 338.01% and total cumulative return in cash sums $152,976. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,485/mo property income rather than buyer’s personal income.
Manufactured
Built in 1993
10.90 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices