279 Leisure Acres DrClevelandGA30528
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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 Cleveland at 279 Leisure Acres Dr, Cleveland, GA, 30528 priced at $199,900 converts $1,447/mo rent into $231/mo cash flow after a $978/mo obligation. Total monthly income equals $1,447/mo, and annual cash flow totals $2,769/yr on $66,267 invested. Return on cash invested prints 24.09% in year one, and rental yield reads 8.69% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 125.11% and total cumulative return in cash sums $82,909. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,447/mo property income covering a $978/mo payment, not borrower’s personal income.
Manufactured
Built in 2021
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30528, Cleveland, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,778 (100%) |
| Owner Occupied HU | 7,249 (67.3%) |
| Renter Occupied HU | 2,150 (19.9%) |
| Vacant Housing Units | 1,379 (12.8%) |
| Median Home Value | $316,813 |
| Average Home Value | $354,759 |
Housing Distribution
Address Breakdown
Residential
9,869
Single Family
9,726
Multi-Family
143
Businesses
935
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