302 Forrest RdFort OglethorpeGA30742
Nearby investment properties with comparable rents
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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 Fort Oglethorpe at 302 Forrest Rd, Fort Oglethorpe, GA, 30742 earns $137/mo cash flow from $1,262/mo rent with a $905/mo payment. Total monthly income totals $1,262/mo, and annual cash flow totals $1,640/yr on $61,294 capital. ROI tracks 22.58% on current figures, and rental yield reads 8.19% at a $184,900 purchase. Equity gained on principal adds $1,193/yr, and 5% annual appreciation supports $51,084 over five years. Five-year ROI reaches 117.07% and total cumulative return in cash sums $71,755. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,262/mo property income instead of your personal income.
Single Family
Built in 1950
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30742, Fort Oglethorpe, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,707 (100%) |
| Owner Occupied HU | 1,750 (47.2%) |
| Renter Occupied HU | 1,658 (44.7%) |
| Vacant Housing Units | 299 ( 8.1%) |
| Median Home Value | $205,072 |
| Average Home Value | $243,056 |
Housing Distribution
Address Breakdown
Residential
3,402
Single Family
3,012
Multi-Family
390
Businesses
619
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Listed by: Jason Myers • Nu Vision Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1520362