466 Lake DrHapevilleGA30354
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 Hapeville at 466 Lake Dr, Hapeville, GA, 30354 offers $3,202/mo rent that, after a $1,933/mo payment, leaves $798/mo cash flow. Total monthly income is $3,202/mo, and annual cash flow is $9,579/yr on $130,943 cash. Return on cash invested measures 27.22% in year one, and rental yield stands at 9.73% at a $395,000 entry. Equity gained on principal adds $2,549/yr while 5% annual appreciation compounds into $109,131 by year five. Five-year ROI records 141.95% and total cumulative return in cash reaches $185,874. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,202/mo property income versus a $1,933/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
6,272 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30354, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,007 (100%) |
| Owner Occupied HU | 2,702 (33.7%) |
| Renter Occupied HU | 4,413 (55.1%) |
| Vacant Housing Units | 892 (11.1%) |
| Median Home Value | $238,776 |
| Average Home Value | $283,440 |
Housing Distribution
Address Breakdown
Residential
7,229
Single Family
6,069
Multi-Family
1,160
Businesses
855
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices