302 Lamplight DrByronGA31008
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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 Byron at 302 Lamplight Dr, Byron, GA, 31008 generates $2,233/mo in rent and, after a $1,307/mo payment, leaves $608/mo in cash flow. Total monthly income is $2,233/mo, and annual cash flow is $7,294/yr on $88,511 invested. Return on cash invested sits at 28.15% in year one, and rental yield is 10.04% on a $267,000 entry. Equity gained on principal adds $1,723/yr, while 5% annual appreciation builds toward $73,767 over five years. Five-year ROI reaches 146.89% and total cumulative return in cash sums $130,015. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,233/mo property income rather than buyer’s personal income.
Single Family
Built in 2017
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31008, Byron, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,574 (100%) |
| Owner Occupied HU | 6,638 (69.3%) |
| Renter Occupied HU | 2,055 (21.5%) |
| Vacant Housing Units | 881 ( 9.2%) |
| Median Home Value | $214,528 |
| Average Home Value | $231,469 |
Housing Distribution
Address Breakdown
Residential
8,677
Single Family
8,491
Multi-Family
186
Businesses
602
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