320 E Central AveLenoxGA31637
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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 Lenox at 320 E Central Ave, Lenox, GA, 31637 generates $1,259/mo in rent and, after a $734/mo payment, leaves $346/mo in cash flow. Total monthly income is $1,259/mo, and annual cash flow is $4,156/yr on $49,692 invested. Return on cash invested sits at 28.27% in year one, and rental yield is 10.08% on a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 147.64% and total cumulative return in cash sums $73,367. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,259/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31637, Lenox, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,208 (100%) |
| Owner Occupied HU | 813 (67.3%) |
| Renter Occupied HU | 241 (20.0%) |
| Vacant Housing Units | 154 (12.7%) |
| Median Home Value | $117,799 |
| Average Home Value | $196,704 |
Housing Distribution
Address Breakdown
Residential
1,110
Single Family
1,110
Multi-Family
0
Businesses
58
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