283 Wesley Chapel RdLexingtonGA30648
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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 Lexington at 283 Wesley Chapel Rd, Lexington, GA, 30648 priced at $365,500 converts $2,384/mo rent into $159/mo cash flow after a $1,789/mo obligation. Total monthly income equals $2,384/mo, and annual cash flow totals $1,913/yr on $121,163 invested. Return on cash invested prints 21.49% in year one, and rental yield reads 7.83% against a $365,500 entry. Equity gained on principal adds $2,359/yr, while 5% annual appreciation compiles into $100,981 by year five. Five-year ROI reaches 111.19% and total cumulative return in cash sums $134,720. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,384/mo property income covering a $1,789/mo payment, not borrower’s personal income.
Single Family
Built in 2001
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30648, Lexington, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,296 (100%) |
| Owner Occupied HU | 969 (74.8%) |
| Renter Occupied HU | 223 (17.2%) |
| Vacant Housing Units | 104 ( 8.0%) |
| Median Home Value | $242,599 |
| Average Home Value | $302,469 |
Housing Distribution
Address Breakdown
Residential
1,097
Single Family
1,097
Multi-Family
0
Businesses
110
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