306 Cedar StLa FayetteGA30728
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 La Fayette at 306 Cedar St, La Fayette, GA, 30728 priced at $165,000 converts $1,473/mo rent into $468/mo cash flow after a $808/mo obligation. Total monthly income equals $1,473/mo, and annual cash flow totals $5,620/yr on $54,698 invested. Return on cash invested prints 30.18% in year one, and rental yield reads 10.71% against a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation compiles into $45,586 by year five. Five-year ROI reaches 157.87% and total cumulative return in cash sums $86,351. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,473/mo property income covering a $808/mo payment, not borrower’s personal income.
Single Family
Built in 1935
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30728, La Fayette, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,319 (100%) |
| Owner Occupied HU | 5,348 (64.3%) |
| Renter Occupied HU | 2,074 (24.9%) |
| Vacant Housing Units | 897 (10.8%) |
| Median Home Value | $195,833 |
| Average Home Value | $218,043 |
Housing Distribution
Address Breakdown
Residential
7,906
Single Family
7,801
Multi-Family
105
Businesses
577
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Listed by: Randy Durham • Real Estate Partners Chattanooga LLC
Mls Name: Greater Chattanooga Realtors
Mls ID: #1524221