310 Ridgecrest DrLa 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 310 Ridgecrest Dr, La Fayette, GA, 30728 generates $2,324/mo in rent and, after a $1,419/mo payment, leaves $559/mo in cash flow. Total monthly income is $2,324/mo, and annual cash flow is $6,713/yr on $96,135 invested. Return on cash invested sits at 26.89% in year one, and rental yield is 9.62% on a $290,000 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 140.18% and total cumulative return in cash sums $134,764. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,324/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
0.60 Acres 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: Brandyn O'Dell • Coldwell Banker Kinard Realty - Ga
Mls Name: Greater Chattanooga Realtors
Mls ID: #1527329