3310 Evergreen DrLake ParkGA31636
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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 Lake Park at 3310 Evergreen Dr, Lake Park, GA, 31636 uses $93,483 cash to close to unlock $14,495/yr annual cash flow and $1,208/mo monthly cash flow. Total monthly income runs $2,924/mo, and a $1,380/mo payment keeps the spread at $1,208/mo. Purchase price stands at $282,000, and rental yield measures 12.44% with $2,924/mo rent. Return on cash invested shows 35.41% in year one, and 5% annual appreciation builds toward $77,911 over five years. Five-year ROI reaches 185.84% and total cumulative return in cash records $173,725. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,924/mo property income covering a $1,380/mo payment rather than investor’s personal income.
Single Family
Built in 1987
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31636, Lake Park, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,837 (100%) |
| Owner Occupied HU | 2,882 (59.6%) |
| Renter Occupied HU | 1,343 (27.8%) |
| Vacant Housing Units | 612 (12.7%) |
| Median Home Value | $256,798 |
| Average Home Value | $294,978 |
Housing Distribution
Address Breakdown
Residential
4,320
Single Family
4,144
Multi-Family
176
Businesses
275
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