281 Castleview DrRinggoldGA30736
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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
Investment property for sale in Ringgold at 281 Castleview Dr, Ringgold, GA, 30736 earns $234/mo cash flow from $1,628/mo rent with a $1,121/mo payment. Total monthly income totals $1,628/mo, and annual cash flow totals $2,809/yr on $75,914 capital. ROI tracks 23.61% on current figures, and rental yield reads 8.53% at a $229,000 purchase. Equity gained on principal adds $1,478/yr, and 5% annual appreciation supports $63,268 over five years. Five-year ROI reaches 122.61% and total cumulative return in cash sums $93,077. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,628/mo property income instead of your personal income.
Single Family
Built in 1995
2.56 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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