338 Ridge LnLulaGA30554
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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 Lula at 338 Ridge Ln, Lula, GA, 30554 offers a 5.61% rental yield on a $459,000 purchase with $2,147/mo rent. 81% in year one. Equity gained on principal adds $2,962/yr while 5% annual appreciation supports $126,813 over five years. Portfolio math shows five-year ROI at 75.37% and total cumulative return in cash at $114,683. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,147/mo property income against a $2,247/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
3.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30554, Lula, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,527 (100%) |
| Owner Occupied HU | 2,713 (76.9%) |
| Renter Occupied HU | 602 (17.1%) |
| Vacant Housing Units | 212 ( 6.0%) |
| Median Home Value | $379,301 |
| Average Home Value | $443,298 |
Housing Distribution
Address Breakdown
Residential
3,231
Single Family
3,231
Multi-Family
0
Businesses
140
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